Lloyds Banking Group (LON:LLOY) Insider Catherine Woods Purchases 1,810 Shares

Lloyds Banking Group plc (LON:LLOY) insider Catherine Woods acquired 1,810 shares of the stock in a transaction dated Wednesday, September 23rd. The stock was bought at an average price of GBX 110 per share, for a total transaction of £1,991.

Lloyds Banking Group Stock Down 0.5%

Lloyds Banking Group stock traded down GBX 0.55 during trading hours on Thursday, hitting GBX 107. The stock had a trading volume of 270,909,875 shares, compared to its average volume of 173,918,922. The company has a 50-day moving average of GBX 112.31 and a two-hundred day moving average of GBX 104.93. Lloyds Banking Group plc has a fifty-two week low of GBX 81.18 and a fifty-two week high of GBX 117.90. The company has a market cap of £61.93 billion, a PE ratio of 13.38, a price-to-earnings-growth ratio of 1.84 and a beta of 0.91.

Lloyds Banking Group (LON:LLOY) last posted its earnings results on Thursday, July 30th. The financial services provider reported GBX 4.80 earnings per share for the quarter. Lloyds Banking Group had a net margin of 26.73% and a return on equity of 11.05%. As a group, analysts forecast that Lloyds Banking Group plc will post 7.3199528 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on LLOY shares. JPMorgan Chase & Co. increased their price objective on shares of Lloyds Banking Group from GBX 121 to GBX 123 and gave the stock a “neutral” rating in a report on Tuesday, September 15th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 124 price target on shares of Lloyds Banking Group in a research note on Friday, September 11th. Berenberg Bank reissued a “hold” rating and issued a GBX 117 target price on shares of Lloyds Banking Group in a research note on Wednesday, June 24th. Jefferies Financial Group lifted their price target on shares of Lloyds Banking Group from GBX 125 to GBX 127 and gave the stock a “buy” rating in a research report on Wednesday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 125 price objective on shares of Lloyds Banking Group in a report on Friday, July 31st. Six analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 114.60.

Lloyds Banking Group Company Profile

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.