Lloyds Banking Group plc (LON:LLOY - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 68.62 ($0.93) and traded as high as GBX 76.06 ($1.03). Lloyds Banking Group shares last traded at GBX 75.66 ($1.03), with a volume of 82,250,672 shares traded.
Analyst Ratings Changes
Several brokerages have recently commented on LLOY. JPMorgan Chase & Co. boosted their target price on Lloyds Banking Group from GBX 62 ($0.84) to GBX 71 ($0.96) and gave the stock an "underweight" rating in a report on Tuesday, March 25th. Shore Capital reissued a "hold" rating on shares of Lloyds Banking Group in a research note on Thursday, May 1st. 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 stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of GBX 64.25 ($0.87).
View Our Latest Stock Report on LLOY
Lloyds Banking Group Price Performance
The business has a 50 day moving average of GBX 75.69 and a 200 day moving average of GBX 68.82. The firm has a market capitalization of £45.89 billion, a price-to-earnings ratio of 9.57, a PEG ratio of 1.84 and a beta of 1.23.
Lloyds Banking Group (LON:LLOY - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The financial services provider reported GBX 1.70 ($0.02) EPS for the quarter. Lloyds Banking Group had a return on equity of 11.22% and a net margin of 16.66%. As a group, equities analysts predict that Lloyds Banking Group plc will post 7.3199528 EPS for the current year.
Insider Transactions at Lloyds Banking Group
In other Lloyds Banking Group news, insider William Chalmers bought 152,181 shares of the firm's stock in a transaction on Friday, June 20th. The stock was purchased at an average cost of GBX 76 ($1.03) per share, with a total value of £115,657.56 ($157,122.08). Also, insider Charlie Nunn bought 238,593 shares of the firm's stock in a transaction on Friday, June 20th. The stock was acquired at an average cost of GBX 76 ($1.03) per share, with a total value of £181,330.68 ($246,339.74). 0.17% of the stock is currently owned by insiders.
About Lloyds Banking Group
(
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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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