Lloyds Banking Group (LON:LLOY) Insider William Chalmers Purchases 138,723 Shares

Lloyds Banking Group plc (LON:LLOY) insider William Chalmers acquired 138,723 shares of the stock in a transaction dated Friday, September 19th. The shares were bought at an average cost of GBX 84 per share, with a total value of £116,527.32.

Lloyds Banking Group Stock Down 0.2%

LLOY stock opened at GBX 81.98 on Tuesday. The business has a 50 day moving average price of GBX 80.86 and a 200 day moving average price of GBX 75.91. The stock has a market cap of £48.64 billion, a price-to-earnings ratio of 1,242.12, a PEG ratio of 1.84 and a beta of 1.23. Lloyds Banking Group plc has a fifty-two week low of GBX 52.44 and a fifty-two week high of GBX 84.72.

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

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on LLOY shares. Shore Capital restated a “hold” rating and set a GBX 74 target price on shares of Lloyds Banking Group in a research note on Thursday, July 24th. Jefferies Financial Group lifted their price target on Lloyds Banking Group from GBX 92 to GBX 103 and gave the stock a “buy” rating in a research report on Tuesday, August 26th. JPMorgan Chase & Co. lifted their price target on Lloyds Banking Group from GBX 85 to GBX 98 and gave the stock a “neutral” rating in a research report on Tuesday, September 9th. Citigroup lifted their price target 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. Finally, Royal Bank Of Canada raised Lloyds Banking Group to an “outperform” rating and set a GBX 95 price target on the stock in a research report on Monday, August 4th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of GBX 89.40.

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.