They have a GBP 79.00p price target on the stock. The UK Retail Banking segment provides banking and financial services, mortgages, and private banking services. The Commercial Banking segment offers a range of products and services, such as lending, transactional banking, working capital management, risk management and debt capital markets services. The Wholesale and International Banking segment provides banking and related services for companies, small and medium-sized businesses, banks, and financial institutions; and asset finance to personal and corporate customers.
Several other research firms have also recently commented on LYG.
Zacks Investment Research upgraded shares of Lloyds Banking Group PLC (NYSE:LYG) from a hold rating to a buy rating in a research report released on Saturday morning. The stock has “Sell” rating by Goldman Sachs on Thursday, May 25.
The collective rating of 4 for Lloyds Banking Group plc (NYSE:LYG) also leans strongly towards the bearish end of the spectrum.
28/07/2017 – Lloyds Banking Group had its “Overweight” rating reiterated by analysts at Barclays. The Volatility was noted at 1.93% in recent month and it observed Weekly Volatility of 1.67%. Investec reiterated a “buy” rating and set a GBX 75 ($0.96) price target on shares of Lloyds Banking Group PLC in a report on Wednesday, June 14th.
Investors may be trying to get an edge by following some additional technical levels for Lloyds Banking Group PLC (LLDTF). The stock has a market cap of $53.48 billion, a PE ratio of 31.11 and a beta of 0.76. The firm’s 50-day moving average is $3.49 and its 200-day moving average is $3.50.
Lloyds Banking Group PLC (LLDTF)’s Williams Percent Range or 14 day Williams %R now sits at -93.33. If you are reading this report on another website, it was copied illegally and reposted in violation of United States and worldwide copyright legislation. The legal version of this article can be viewed at https://www.truebluetribune.com/2017/08/28/lloyds-banking-group-plc-lyg-rating-increased-to-buy-at-zacks-investment-research.html. The number of shares now owned by investors are 17.73 bln. 0 shares were traded during the session. Lloyds Banking had 18 analyst reports since August 25, 2015 according to SRatingsIntel. Bb&t Investment Services, Inc. added to its ownership by buying 27 shares an increase of 1.5% in the quarter. Shore Capital reissued a “buy” rating on shares of Lloyds Banking Group PLC in a research report on Wednesday, May 3rd. Lloyds Banking Group PLC’s payout ratio is 100.00%. 1st Global Advisors, Inc. now owns 149,303 shares worth $527,000.
09/06/2017 – Lloyds Banking Group had its “Sell” rating reiterated by analysts at Goldman Sachs.
The consensus recommendation – averaging the work of 21 analysts – of 3.1 for KB Home (KBH) points to bearish case. This represents a yield of 2.98%.