News stories about Lloyds Banking Group (NYSE:LYG) have trended somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lloyds Banking Group earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 45.3599064492697 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Several brokerages recently issued reports on LYG. Morgan Stanley cut shares of Lloyds Banking Group from an “overweight” rating to an “equal” rating in a research report on Wednesday. Goldman Sachs Group reiterated a “sell” rating on shares of Lloyds Banking Group in a research report on Tuesday. Zacks Investment Research upgraded shares of Lloyds Banking Group from a “sell” rating to a “hold” rating in a research report on Wednesday, December 13th. BNP Paribas upgraded shares of Lloyds Banking Group from an “underperform” rating to a “neutral” rating in a research report on Monday, December 11th. Finally, UBS Group reiterated a “buy” rating on shares of Lloyds Banking Group in a research report on Monday, December 11th. Seven research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $4.00.
Shares of Lloyds Banking Group (NYSE LYG) traded up $0.06 during midday trading on Thursday, hitting $3.87. 2,620,000 shares of the company traded hands, compared to its average volume of 4,030,000. Lloyds Banking Group has a one year low of $3.15 and a one year high of $3.87. The stock has a market capitalization of $68,270.00, a PE ratio of 16.83 and a beta of 0.76.
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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