Lloyds Banking Group (LLOY) Stock Price Up 0%

Shares of Lloyds Banking Group PLC (LON:LLOY) rose 0% on Monday . The stock traded as high as GBX 68.54 ($0.95) and last traded at GBX 67.95 ($0.94). Approximately 93,961,632 shares changed hands during trading, a decline of 35% from the average daily volume of 143,980,000 shares. The stock had previously closed at GBX 67.95 ($0.94).

LLOY has been the topic of several recent analyst reports. Goldman Sachs Group set a GBX 55 ($0.76) target price on Lloyds Banking Group and gave the company a “sell” rating in a research note on Wednesday, November 8th. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 80 ($1.11) target price on shares of Lloyds Banking Group in a research note on Thursday, November 16th. Deutsche Bank lifted their target price on Lloyds Banking Group from GBX 73 ($1.01) to GBX 77 ($1.06) and gave the company a “buy” rating in a research note on Monday, October 23rd. Barclays reaffirmed an “overweight” rating and set a GBX 77 ($1.06) target price on shares of Lloyds Banking Group in a research note on Wednesday, November 29th. Finally, JPMorgan Chase & Co. boosted their price objective on Lloyds Banking Group from GBX 83 ($1.15) to GBX 85 ($1.17) and gave the stock an “overweight” rating in a research note on Thursday, October 26th. Four analysts have rated the stock with a sell rating, two have assigned a hold rating and fifteen have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of GBX 76.08 ($1.05).

The company has a market capitalization of $48,970.00 and a price-to-earnings ratio of 1,698.75.

In related news, insider Antonio Horta-Osorio bought 4,747 shares of the firm’s stock in a transaction that occurred on Wednesday, December 13th. The shares were acquired at an average cost of GBX 67 ($0.93) per share, for a total transaction of £3,180.49 ($4,394.16). Insiders purchased a total of 5,378 shares of company stock worth $360,732 over the last 90 days.

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Lloyds Banking Group Company Profile

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.

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