Key Points
- Insider Danuta Gray purchased 41,375 Lloyds Banking Group shares at an average price of GBX 96, for a total investment of approximately £39,720.
- Lloyds shares opened at GBX 95.22, with a market capitalization of £54.69 billion and a 52-week trading range of GBX 85.82 to GBX 123.10.
- Analyst sentiment is mixed: four analysts rate the stock a Buy, four recommend Hold, and one rates it Sell. The consensus rating is Hold, with an average price target of GBX 116.
Lloyds Banking Group plc (LON:LLOY - Get Free Report) insider Danuta Gray purchased 41,375 shares of the stock in a transaction dated Friday, October 30th. The shares were purchased at an average price of GBX 96 per share, with a total value of £39,720.
Lloyds Banking Group Stock Up 1.8%
LLOY stock opened at GBX 95.22 on Tuesday. Lloyds Banking Group plc has a fifty-two week low of GBX 85.82 and a fifty-two week high of GBX 123.10. The firm's 50-day simple moving average is GBX 106.33 and its 200 day simple moving average is GBX 104.48. The stock has a market cap of £54.69 billion, a PE ratio of 11.90, a price-to-earnings-growth ratio of 1.84 and a beta of 0.94.
Analyst Ratings Changes
Several brokerages have commented on LLOY. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 125 price target on shares of Lloyds Banking Group in a research note on Friday, July 31st. Jefferies Financial Group reiterated a "buy" rating and set a GBX 127 price objective on shares of Lloyds Banking Group in a research report on Friday. Berenberg Bank lowered their target price on Lloyds Banking Group from GBX 121 to GBX 117 and set a "hold" rating on the stock in a research report on Friday. JPMorgan Chase & Co. lifted their target price on Lloyds Banking Group from GBX 121 to GBX 123 and gave the company a "neutral" rating in a research note on Tuesday, September 15th. Finally, Royal Bank Of Canada lowered Lloyds Banking Group to a "sector perform" rating and reduced their price target for the stock from GBX 124 to GBX 115 in a research report on Friday, October 16th. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of GBX 116.
View Our Latest Stock Report on Lloyds Banking Group
About Lloyds Banking Group
(
Get Free Report)
We are the largest UK retail and commercial financial services provider with over 25 million customers and a presence in nearly every community.
The Group's main business activities are retail and commercial banking, general insurance and long-term savings, provided through the largest branch network and digital bank in the UK, with well recognised brands including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows.
Our shares are quoted on the London and New York stock exchanges and we are one of the largest companies in the FTSE 100 index.
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