Lloyds Banking Group PLC (LLOY) Given “Sell” Rating at Citigroup Inc.

Citigroup Inc. reissued their sell rating on shares of Lloyds Banking Group PLC (LON:LLOY) in a report released on Thursday morning. They currently have a GBX 61 ($0.80) target price on the financial services provider’s stock.

Several other analysts also recently issued reports on LLOY. UBS AG set a GBX 85 ($1.12) price target on shares of Lloyds Banking Group PLC and gave the company a buy rating in a research report on Wednesday, June 28th. Beaufort Securities reissued a buy rating and issued a GBX 80 ($1.06) price target on shares of Lloyds Banking Group PLC in a research report on Wednesday. Shore Capital reissued a buy rating on shares of Lloyds Banking Group PLC in a research report on Wednesday. S&P Global set a GBX 77 ($1.02) price target on shares of Lloyds Banking Group PLC and gave the company a buy rating in a research report on Wednesday. Finally, Societe Generale reissued a buy rating on shares of Lloyds Banking Group PLC in a research report on Monday. Four equities research analysts have rated the stock with a sell rating, two have issued a hold rating and sixteen have given a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of GBX 75.07 ($0.99).



Shares of Lloyds Banking Group PLC (LON:LLOY) traded down 0.03% on Thursday, reaching GBX 68.91. 160,741,169 shares of the company were exchanged. The company’s 50-day moving average price is GBX 66.44 and its 200 day moving average price is GBX 66.97. The company’s market cap is GBX 43.88 billion. Lloyds Banking Group PLC has a 12 month low of GBX 53.25 and a 12 month high of GBX 73.58.

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In related news, insider George Culmer bought 101,589 shares of Lloyds Banking Group PLC stock in a transaction on Monday, September 18th. The stock was acquired at an average price of GBX 66 ($0.87) per share, with a total value of £67,048.74 ($88,478.15). Also, insider Antonio Horta-Osorio bought 4,837 shares of Lloyds Banking Group PLC stock in a transaction on Wednesday, October 18th. The shares were bought at an average cost of GBX 66 ($0.87) per share, with a total value of £3,192.42 ($4,212.75). Insiders have acquired a total of 111,908 shares of company stock valued at $7,385,829 in the last ninety days.

About Lloyds Banking Group PLC

Lloyds Banking Group plc is a provider of financial services to individual and business customers in the United Kingdom. The Company’s main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. The Company’s segments are Retail, Commercial Banking, Consumer Finance, Insurance and Other.

Analyst Recommendations for Lloyds Banking Group PLC (LON:LLOY)

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