Lloyds Banking Group PLC (LYG) Downgraded by Macquarie

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Lloyds Banking Group PLC (ADR) (NYSE:LYG) & ENSCO PLC (NYSE:ESV) Worth Watching Stocks
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26 May, 2017

5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Lloyds Banking Group plc (LYG) stands at -8.78 while the industry's and the sector's growth for next 5 years ticked at 14.16 and 14.43 respectively. The company now has a consensus rating of Hold and a consensus price target of GBX 71.07 ($0.92). BNP Paribas downgraded Lloyds Banking Group PLC (ADR) (NYSE:LYG) on Thursday, September 10 to "Neutral" rating. As per Friday, November 13, the company rating was initiated by Davy Research.

Looking forward, the company is expected to report earnings of $0 per share for the current quarter.

In related news, insider George Culmer sold 145,828 shares of the stock in a transaction that occurred on Monday, March 6th.

ILLEGAL ACTIVITY NOTICE: "Berenberg Bank Reiterates "Sell" Rating for Lloyds Banking Group PLC (LLOY)" was published by Chaffey Breeze and is the property of of Chaffey Breeze. EPS long term mean growth rate estimated by 97.22 analysts is at 19.6%, whereas, the high and low Long term growth rate estimated at 30.96. Ladenburg Thalmann Financial Services Inc. now owns 44,169 shares of the financial services provider's stock valued at $142,000 after buying an additional 6,798 shares during the last quarter. Jefferies Group LLC lifted their target price on shares of Lloyds Banking Group PLC from GBX 67 ($0.87) to GBX 82 ($1.07) and gave the company a "buy" rating in a report on Wednesday, February 1st. Wetherby Asset Management Inc. now owns 91,852 shares of the financial services provider's stock worth $285,000 after buying an additional 13,021 shares in the last quarter.

12 Month Chart for LON:CAU
Trending Stocks Update: Lloyds Banking Group PLC (ADR) (NYSE:LYG), Whole Foods Market, Inc. (NASDAQ:WFM ...

Growth rates are very important while analyzing the long term growth and valuation of a certain company. The stock has "Neutral" rating by Credit Suisse on Tuesday, November 29. The stock has "Outperform" rating by Raymond James on Tuesday, December 1. The market capitalization of the company is at $66.41 Billion. (NASDAQ:WIN) earned "Underperform" rating by Raymond James on Friday, August 5. Its up 0.75, from 0.25 in 2016Q3. Moreover, Tributary Capital Management Llc has 0.77% invested in the company for 199,178 shares. Finally, Hollencrest Securities LLC boosted its position in shares of Lloyds Banking Group PLC by 1.0% in the first quarter. Pvg Asset Management reported 0% in Windstream Holdings, Inc. 179,518 shares or 241.18% more from 52,617 shares in 2016Q3 were reported.

Several analysts have recently issued reports on LYG shares. Also, insider Antonio Horta-Osorio purchased 50,000 shares of Lloyds Banking Group PLC stock in a transaction that occurred on Wednesday, May 17th. About 497,289 shares traded. Windstream Holdings, Inc. (NASDAQ:WIN) has declined 36.61% since May 25, 2016 and is downtrending.

Shares of Lloyds Banking Group PLC (NYSE:LYG) traded up 0.52% on Friday, hitting $3.86. It has underperformed by 23.98% the S&P500. The stock's market cap is GBX 57.46 billion. The fund owned 60,379 shares of the financial services provider's stock after buying an additional 3,032 shares during the period. The stock was sold at an average price of GBX 69 ($0.90), for a total transaction of £100,621.32 ($130,898.04). The Company's main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. Over the long run, the price of a stock will generally go up in lock step with its earnings (assuming the P/E ratio is constant). The Company's segments are Retail, Commercial Banking, Consumer Finance, Insurance and Other.

Mayo Investment Advisers LLC reduced its stake in Lloyds Banking Group PLC (NYSE:LYG) by 55.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).


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