J P Morgan Chase & Co set a GBX 83 ($1.08) price objective on Lloyds Banking Group PLC (LON:LLOY) in a research note released on Thursday. The firm currently has a buy rating on the financial services provider’s stock.
Other equities analysts have also recently issued reports about the company. UBS AG set a GBX 85 ($1.11) price objective on Lloyds Banking Group PLC and gave the company a buy rating in a research report on Wednesday, June 28th. Barclays PLC set a GBX 75 ($0.98) price objective on Lloyds Banking Group PLC and gave the company a buy rating in a research report on Thursday, April 27th. Berenberg Bank reaffirmed a sell rating and issued a GBX 55 ($0.72) price objective on shares of Lloyds Banking Group PLC in a research report on Friday, May 12th. Goldman Sachs Group, Inc. (The) set a GBX 58 ($0.76) price objective on Lloyds Banking Group PLC and gave the company a sell rating in a research report on Saturday, May 20th. Finally, BNP Paribas reaffirmed an underperform rating and issued a GBX 63 ($0.82) price objective on shares of Lloyds Banking Group PLC in a research report on Wednesday, July 19th. Four investment analysts have rated the stock with a sell rating, three have given a hold rating and sixteen have assigned a buy rating to the stock. Lloyds Banking Group PLC presently has an average rating of Buy and an average price target of GBX 75.26 ($0.98).
Shares of Lloyds Banking Group PLC (LON LLOY) opened at 64.64 on Thursday. Lloyds Banking Group PLC has a one year low of GBX 50.84 and a one year high of GBX 73.58. The company’s market capitalization is GBX 41.16 billion. The company’s 50-day moving average price is GBX 66.75 and its 200-day moving average price is GBX 67.50.
The company also recently disclosed a dividend, which will be paid on Wednesday, September 27th. Stockholders of record on Thursday, August 10th will be given a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend is Thursday, August 10th. This represents a dividend yield of 1.45%.
In other news, insider Antonio Horta-Osorio acquired 4,784 shares of the business’s stock in a transaction dated Tuesday, July 18th. The stock was purchased at an average price of GBX 67 ($0.87) per share, for a total transaction of £3,205.28 ($4,174.09). In the last 90 days, insiders have bought 55,369 shares of company stock valued at $3,960,571.
Lloyds Banking Group PLC 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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