Lloyds Banking Group’s (LLOY) “Sell” Rating Reiterated at Shore Capital Group

by · The Cerbat Gem

Shore Capital Group reissued their sell rating on shares of Lloyds Banking Group (LON:LLOYFree Report) in a report published on Thursday,London Stock Exchange reports.

A number of other equities analysts also recently commented on LLOY. Barclays increased their price objective on Lloyds Banking Group from GBX 100 to GBX 120 and gave the stock an “overweight” rating in a report on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Lloyds Banking Group to GBX 125 and set a “buy” rating for the company in a research report on Tuesday, February 3rd. JPMorgan Chase & Co. increased their price target on shares of Lloyds Banking Group from GBX 102 to GBX 117 and gave the stock a “neutral” rating in a research note on Tuesday, January 20th. UBS Group reaffirmed a “neutral” rating and issued a GBX 103 price objective on shares of Lloyds Banking Group in a research note on Friday, January 23rd. Finally, Citigroup upped their price objective on shares of Lloyds Banking Group from GBX 98 to GBX 106 and gave the stock a “neutral” rating in a report on Monday, February 2nd. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of GBX 107.78.

Read Our Latest Stock Report on LLOY

Lloyds Banking Group Price Performance

Shares of LLOY opened at GBX 97.94 on Thursday. The firm’s 50 day moving average is GBX 100.28 and its 200-day moving average is GBX 94.77. Lloyds Banking Group has a 12-month low of GBX 60.78 and a 12-month high of GBX 114.60. The stock has a market capitalization of £57.53 billion, a P/E ratio of 14.19, a P/E/G ratio of 1.84 and a beta of 0.93.

Lloyds Banking Group (LON:LLOYGet Free Report) last issued its earnings results on Thursday, January 29th. The financial services provider reported GBX 7 earnings per share for the quarter. Lloyds Banking Group had a return on equity of 9.93% and a net margin of 24.49%. As a group, equities research analysts forecast that Lloyds Banking Group will post 7.3199528 EPS for the current fiscal year.

Lloyds Banking Group News Summary

Here are the key news stories impacting Lloyds Banking Group this week:

About Lloyds Banking Group

(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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