The Shore Capital Reaffirms Buy Rating for Lloyds Banking Group PLC (LLOY)

Cornelia Mascio
Novembre 19, 2017

This is a positive change from Lloyds Banking Group PLC's previous dividend of $0.85.

In other Lloyds Banking Group plc news, insider Antonio Horta-Osorio bought 4,837 shares of Lloyds Banking Group plc stock in a transaction on Wednesday, October 18th. The stock has a consensus rating of Hold and a consensus target price of GBX 70.36 ($0.88).

Shares of Lloyds Banking Group PLC (LON:LLOY) opened at 69.56 on Wednesday. Insiders acquired 107,074 shares of company stock valued at $7,066,824 over the last quarter. Finally, Barclays PLC reiterated an "overweight" rating on shares of Lloyds Banking Group plc in a research report on Thursday, October 26th.

A number of brokerages recently commented on LYG. Morgan Stanley set a GBX 70 ($0.87) target price on Lloyds Banking Group PLC and gave the company a buy rating in a report on Tuesday, December 6th. Accern also gave headlines about the financial services provider an impact score of 46.1212844592046 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. Credit Suisse Group raised shares of Lloyds Banking Group PLC from a "neutral" rating to an "outperform" rating in a research report on Tuesday, October 10th. Zacks Investment Research lowered shares of Lloyds Banking Group PLC from a "buy" rating to a "hold" rating in a report on Saturday, September 2nd. Lloyds Banking Group PLC earned a daily sentiment score of 0.12 on Accern's scale. Finally, BidaskClub downgraded Lloyds Banking Group PLC from a "sell" rating to a "strong sell" rating in a research report on Wednesday, August 2nd. The company presently has a consensus rating of "Buy" and a consensus target price of GBX 75.98 ($1.00). The company had a trading volume of 2,498,216 shares, compared to its average volume of 5,691,925.

COPYRIGHT VIOLATION NOTICE: "Lloyds Banking Group plc (LLOY) Trading Down 0%" was reported by TrueBlueTribune and is owned by of TrueBlueTribune. The firm has a market cap of $62,600.00, a price-to-earnings ratio of 6.56 and a beta of 0.75. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.38 and a quick ratio of 1.39.

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LLOYDS BANKING GROUP plc provides financial services to individual and business customers in the United Kingdom but also overseas. The Company's main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. It operates through its segments, including Retail, Commercial Banking, Consumer Finance and Insurance.

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