Media headlines about Lloyds Banking Group (NYSE:LYG) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lloyds Banking Group earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.3625516217332 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Lloyds Banking Group (NYSE:LYG) opened at $3.96 on Friday. The firm has a market cap of $69,650.00, a P/E ratio of 16.50 and a beta of 0.76. Lloyds Banking Group has a 52-week low of $3.15 and a 52-week high of $3.96.
Several analysts recently commented on the stock. Morgan Stanley cut shares of Lloyds Banking Group from an “overweight” rating to an “equal” rating in a research note on Wednesday. Goldman Sachs Group reiterated a “sell” rating on shares of Lloyds Banking Group in a research note on Tuesday, January 9th. Zacks Investment Research upgraded shares of Lloyds Banking Group from a “sell” rating to a “hold” rating in a research report on Wednesday, December 13th. BNP Paribas upgraded shares of Lloyds Banking Group from an “underperform” rating to a “neutral” rating in a research report on Monday, December 11th. Finally, UBS Group restated a “buy” rating on shares of Lloyds Banking Group in a research report on Monday, December 11th. Six investment analysts have rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company’s stock. Lloyds Banking Group currently has a consensus rating of “Hold” and an average price target of $4.00.
About Lloyds Banking Group
Lloyds Banking Group plc is a provider of financial services to individual and business customers in the United Kingdom. The Company’s main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. The Company’s segments are Retail, Commercial Banking, Consumer Finance, Insurance and Other.
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