The Company provides a range of banking and financial services through branches and offices in the United Kingdom and overseas.
Other research analysts have also issued reports about the stock.
08/31/2016 – Lloyds Banking Group Plc had its ” rating reiterated by analysts at Citigroup. Insiders bought 55,580 shares of company stock valued at $3,975,500 over the last three months. Analysts giving shares a rating of 1 or 2 would be indicating a Buy.
11/04/2016 – Lloyds Banking Group Plc was upgraded to ” by analysts at JP Morgan. The stock sank -0.28% last month and is up 13.55 this year. Wetherby Asset Management Inc grew its ownership by buying 3,131 shares an increase of 3.5% from 03/31/2017 to 06/30/2017. Deutsche Bank maintained the stock with “Buy” rating in Thursday, February 11 report. After a recent check, Lloyds Banking Group PLC (ADR) (NYSE:LYG)’s 14-day RSI is presently at 42.91.
Moving average is significant analytical tool used to discover current price trends and the possibility for a change in an established trend. The firm’s stock has a market capitalization of $62.89 bln.
The firm also recently announced a None dividend, which will be paid on Tuesday, October 10th. The ex-dividend date will be on Wednesday the 5th of April 2017.
02/22/2016 – Lloyds Banking Group Plc had its ” rating reiterated by analysts at Nomura. Lloyds Banking Group PLC’s payout ratio is 92.86%.
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Taking a broader look brokerage firms’ analysts on the street with an expectant view have Lloyds Banking Group Plc (NYSE:LYG) high price target of $2.87 and with a conservative view have low price target of $2.87.
Shares of Lloyds Banking Group PLC (LLOY.L) have a 7-day moving average of 66.60.
Credit Suisse “Initiates Coverage On” Lloyds Banking Group Plc (NYSE:LYG) in a research note issued to investors on 11/29/16 to Neutral with price target of $0. Net profit margin of Lloyds Banking Group plc (LYG) was recorded at 0 percent, operating profit margin was 0 percent, while gross profit margin stands at 0 percent. Barclays Capital upgraded the shares of LLOY in report on Friday, January 6 to “Overweight” rating. Goldman Sachs Group, Inc. Societe Generale reaffirmed a buy rating and issued a GBX 80 ($1.06) price objective on shares of Lloyds Banking Group PLC in a research report on Thursday, March 30th.
According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 4 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. The MESA Adaptive Moving Average, which was developed by John Ehlers, is a technical trend-following indicator which adapts to price movement “based on the rate change of phase as measured by the Hilbert Transform Discriminator”.
The brokerage now has a buy rating on the financial services provider’s stock. The Company’s main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. The Company’s divisions are Retail, Commercial Banking, Consumer Finance, Insurance and Other.
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