Shares of Lloyds Banking Group plc (LON:LLOY - Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as GBX 75.84 ($1.03) and last traded at GBX 75.84 ($1.03), with a volume of 101602086 shares trading hands. The stock had previously closed at GBX 75 ($1.02).
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on LLOY. Shore Capital reissued a "hold" rating on shares of Lloyds Banking Group in a report on Thursday, May 1st. JPMorgan Chase & Co. raised their price target on Lloyds Banking Group from GBX 62 ($0.84) to GBX 71 ($0.96) and gave the company an "underweight" rating in a report on Tuesday, March 25th. Finally, Citigroup raised their price target on Lloyds Banking Group from GBX 61 ($0.83) to GBX 71 ($0.96) and gave the company a "buy" rating in a report on Thursday, March 6th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat, Lloyds Banking Group currently has a consensus rating of "Hold" and an average price target of GBX 64.25 ($0.87).
Get Our Latest Stock Report on LLOY
Lloyds Banking Group Stock Performance
The stock has a 50 day moving average of GBX 71.66 and a two-hundred day moving average of GBX 63.71. The firm has a market capitalization of £47.19 billion, a P/E ratio of 9.84, a P/E/G ratio of 1.84 and a beta of 1.23.
Lloyds Banking Group (LON:LLOY - Get Free Report) last released its earnings results on Friday, May 2nd. The financial services provider reported GBX 1.70 ($0.02) earnings per share (EPS) for the quarter. Lloyds Banking Group had a return on equity of 11.22% and a net margin of 16.66%. Sell-side analysts predict that Lloyds Banking Group plc will post 7.3199528 EPS for the current year.
Insider Buying and Selling at Lloyds Banking Group
In other news, insider William Chalmers sold 11,338 shares of the business's stock in a transaction on Friday, March 21st. The stock was sold at an average price of GBX 70 ($0.95), for a total transaction of £7,936.60 ($10,744.01). Corporate insiders own 0.17% of the company's stock.
Lloyds Banking Group Company Profile
(
Get Free Report)
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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