Shore Capital Reiterates “Hold” Rating for Lloyds Banking Group (LON:LLOY)

Lloyds Banking Group (LON:LLOYGet Free Report)‘s stock had its “hold” rating reiterated by equities researchers at Shore Capital in a research note issued on Thursday,Digital Look reports.

LLOY has been the topic of several other reports. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Lloyds Banking Group from GBX 100 to GBX 110 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Barclays increased their target price on shares of Lloyds Banking Group from GBX 100 to GBX 120 and gave the company an “overweight” rating in a research note on Wednesday, January 7th. Keefe, Bruyette & Woods restated an “outperform” rating and issued a GBX 93 price target on shares of Lloyds Banking Group in a research report on Friday, October 10th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 105 price target on shares of Lloyds Banking Group in a report on Tuesday, October 28th. Finally, UBS Group reiterated a “neutral” rating and set a GBX 103 price objective on shares of Lloyds Banking Group in a research report on Friday, January 23rd. Five analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Lloyds Banking Group currently has an average rating of “Moderate Buy” and a consensus target price of GBX 104.33.

Read Our Latest Analysis on Lloyds Banking Group

Lloyds Banking Group Stock Down 0.2%

LLOY traded down GBX 0.20 during trading on Thursday, reaching GBX 104.30. The stock had a trading volume of 1,946,176,250 shares, compared to its average volume of 227,755,203. The firm has a market capitalization of £61.29 billion, a price-to-earnings ratio of 18.30, a price-to-earnings-growth ratio of 1.84 and a beta of 1.23. Lloyds Banking Group has a 1-year low of GBX 60.30 and a 1-year high of GBX 107.05. The stock has a 50 day moving average of GBX 97.63 and a two-hundred day moving average of GBX 88.40.

Lloyds Banking Group (LON:LLOYGet Free Report) last issued its quarterly earnings results on Thursday, January 29th. The financial services provider reported GBX 7 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%. On average, research analysts forecast that Lloyds Banking Group will post 7.3199528 EPS for the current fiscal year.

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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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