Lloyds Banking Group (LON:LLOY) Insider Danuta Gray Purchases 41,375 Shares of Stock

Key Points

• Insider purchase: Danuta Gray bought 41,375 Lloyds Banking Group shares at GBX 96 each, for a total investment of approximately £39,720.
• Stock performance: Lloyds shares traded around GBX 95.74, with the company valued at approximately £54.99 billion. The stock remains below its 50-day and 200-day moving averages.
• Analyst outlook: Analysts have a consensus “Hold” rating and an average price target of GBX 116, with four Buy, four Hold, and one Sell rating.

Lloyds Banking Group plc (LON:LLOY - Get Free Report) insider Danuta Gray acquired 41,375 shares of the firm's stock in a transaction on Friday, October 30th. The shares were bought at an average cost of GBX 96 per share, with a total value of £39,720.

Lloyds Banking Group Stock Performance

Shares of LON LLOY traded up GBX 2.24 during midday trading on Monday, hitting GBX 95.74. The company's stock had a trading volume of 752,231,875 shares, compared to its average volume of 173,118,234. The firm has a market cap of £54.99 billion, a P/E ratio of 11.97, a P/E/G ratio of 1.84 and a beta of 0.94. Lloyds Banking Group plc has a 1-year low of GBX 85.82 and a 1-year high of GBX 123.10. The firm's fifty day moving average price is GBX 106.65 and its 200-day moving average price is GBX 104.51.

Lloyds Banking Group (LON:LLOY - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The financial services provider reported GBX 4.80 earnings per share for the quarter. Lloyds Banking Group had a net margin of 21.08% and a return on equity of 13.09%. As a group, research analysts predict that Lloyds Banking Group plc will post 7.32 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Berenberg Bank cut their target price on shares of Lloyds Banking Group from GBX 121 to GBX 117 and set a "hold" rating for the company in a research report on Friday. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 125 target price on shares of Lloyds Banking Group in a research note on Friday, July 31st. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 127 price target on shares of Lloyds Banking Group in a research note on Friday. JPMorgan Chase & Co. increased their price objective on Lloyds Banking Group from GBX 121 to GBX 123 and gave the stock a "neutral" rating in a report on Tuesday, September 15th. Finally, Royal Bank Of Canada downgraded shares of Lloyds Banking Group to a "sector perform" rating and decreased their target price for the stock from GBX 124 to GBX 115 in a research report on Friday, October 16th. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of GBX 116.

About Lloyds Banking Group

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.

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