Lloyds Banking Group (LON:LLOY) Insider Chris Vogelzang Acquires 50,000 Shares

Lloyds Banking Group plc (LON:LLOY) insider Chris Vogelzang purchased 50,000 shares of the stock in a transaction dated Friday, August 22nd. The stock was bought at an average cost of GBX 84 per share, with a total value of £42,000.

Chris Vogelzang also recently made the following trade(s):

• On Wednesday, August 6th, Chris Vogelzang bought 30,500 shares of Lloyds Banking Group stock. The stock was acquired at an average cost of GBX 80 per share, with a total value of £24,400.

Lloyds Banking Group Stock Up 0.5%

LON LLOY opened at GBX 84.10 on Friday. Lloyds Banking Group plc has a 52 week low of GBX 52.44 and a 52 week high of GBX 84.60. The firm has a market capitalization of £50.99 billion, a P/E ratio of 10.64, a PEG ratio of 1.84 and a beta of 1.23. The company has a 50-day moving average price of GBX 78.44 and a 200-day moving average price of GBX 73.65.

Lloyds Banking Group (LON:LLOY) last released its quarterly earnings results on Thursday, July 24th. The financial services provider reported GBX 3.80 EPS for the quarter. Lloyds Banking Group had a net margin of 16.66% and a return on equity of 11.22%. As a group, equities research analysts anticipate that Lloyds Banking Group plc will post 7.3199528 EPS for the current year.

Analyst Ratings Changes

Several brokerages have weighed in on LLOY. Shore Capital reissued a “hold” rating and issued a GBX 74 price target on shares of Lloyds Banking Group in a report on Thursday, July 24th. JPMorgan Chase & Co. raised Lloyds Banking Group to a “neutral” rating and upped their price target for the company from GBX 79 to GBX 85 in a research note on Monday, August 4th. Royal Bank Of Canada upgraded Lloyds Banking Group to an “outperform” rating and set a GBX 95 price target on the stock in a report on Monday, August 4th. Finally, Citigroup increased their price objective on Lloyds Banking Group from GBX 75 to GBX 77 and gave the stock a “neutral” rating in a research report on Friday, August 1st. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Lloyds Banking Group currently has a consensus rating of “Hold” and an average price target of GBX 82.75.

Lloyds Banking Group Company Profile

We are the largest UK retail and commercial financial services provider with over 25 million customers and a presence in nearly every community.

The Group’s main business activities are retail and commercial banking, general insurance and long-term savings, provided through the largest branch network and digital bank in the UK, with well recognised brands including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows.

Our shares are quoted on the London and New York stock exchanges and we are one of the largest companies in the FTSE 100 index.