Lloyds Banking Group plc (LON:LLOY) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Lloyds Banking Group plc (LON:LLOYGet Free Report) have earned a consensus rating of “Moderate Buy” from the eight ratings firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 60 ($0.74).

Several equities research analysts recently commented on LLOY shares. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Lloyds Banking Group in a research note on Thursday, September 7th. Citigroup reissued a “buy” rating on shares of Lloyds Banking Group in a research note on Monday, October 16th.

Check Out Our Latest Stock Analysis on Lloyds Banking Group

Insiders Place Their Bets

In other Lloyds Banking Group news, insider William Chalmers purchased 149,714 shares of the company’s stock in a transaction dated Thursday, September 21st. The shares were bought at an average price of GBX 45 ($0.56) per share, with a total value of £67,371.30 ($83,164.18). Company insiders own 0.30% of the company’s stock.

Lloyds Banking Group Trading Down 1.3 %

LON LLOY opened at GBX 41.75 ($0.52) on Friday. The stock’s 50-day moving average price is GBX 42.49 and its two-hundred day moving average price is GBX 43.86. The company has a market cap of £26.54 billion, a PE ratio of 463.89, a PEG ratio of 0.69 and a beta of 1.23. Lloyds Banking Group has a 1 year low of GBX 39.42 ($0.49) and a 1 year high of GBX 54.33 ($0.67).

Lloyds Banking Group Company Profile

(Get Free Report

Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom. It operates through three segments: Retail; Commercial Banking; and Insurance, Pensions, and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal and small business customers.

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Analyst Recommendations for Lloyds Banking Group (LON:LLOY)

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