New Analyst Ratings For Lloyds Banking Group (LON:LLOY)

Paterniano Del Favero
Agosto 29, 2017

Lloyds Banking Group PLC (LLDTF) has ended the week in the red, yielding negative results for the shares at they ticked -1.90%. They presently have a GBX 58 ($0.74) target price on the financial services provider's stock.

Lloyds Banking Group plc, launched on October 21, 1985, is a provider of financial services to individual and business customers in the United Kingdom. Headquartered in London, the company operates through three segments: UK Retail Banking, Insurance and Investments, and Wholesale and International Banking. The Commercial Banking segment offers a range of products and services, such as lending, transactional banking, working capital management, risk management and debt capital markets services.

A number of other research firms have also recently commented on LYG. Goldman Sachs Group, Inc.

The collective rating of 4 for Lloyds Banking Group plc (NYSE:LYG) also leans strongly towards the bearish end of the spectrum. The correct version of this report can be accessed at https://stocknewstimes.com/2017/08/26/lloyds-banking-group-plc-lloy-stock-rating-reaffirmed-by-goldman-sachs-group-inc-the.html. ValuEngine raised Lloyds Banking Group PLC from a hold rating to a buy rating in a report on Tuesday, June 27th. Six equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating to the company's stock. There are brokerage firms with lower targets than the average, including one setting a price target of $2.88.

Trading volume for Lloyds Banking Group Plc Americ was 12,302K on Friday. The stock's market cap is GBX 53.01 billion.

The simple 20 day moving average for Lloyds Banking Group plc is and the simple 200-day moving average is at.

COPYRIGHT VIOLATION NOTICE: This report was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this report on another website, it was copied illegally and reposted in violation of USA and global copyright legislation. Additionally the company recently declared a dividend for shareholders that will be paid on Tue Oct 10, 2017. 0 shares were traded during the session. The stock's Dividend Yield stands at 2.99%. This is an increase from Lloyds Banking Group PLC's previous None dividend of $0.05. BidaskClub cut shares of Lloyds Banking Group PLC from a "sell" rating to a "strong sell" rating in a research report on Wednesday, August 2nd. Comerica Securities Inc. raised its position in shares of Lloyds Banking Group PLC by 5.3% in the first quarter. Bb&t Investment Services, Inc. owns 1,842 shares valued at $6,000. Shore Capital reissued a "buy" rating on shares of Lloyds Banking Group PLC in a research report on Wednesday, May 3rd. On Monday, February 6 the stock rating was upgraded by HSBC to "Buy". Finally, Advisor Partners LLC increased its stake in Lloyds Banking Group PLC by 107.8% in the second quarter. 1st Global Advisors, Inc. now owns 149,303 shares worth $527,000. The Business's main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment.

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