Published On: Wed, Oct 19th, 2016

Lloyds Banking Group Plc (NYSE:LYG) Updated Analyst Coverage


A number of investment brokers have recently updated their price targets on shares of Lloyds Banking Group Plc (NYSE:LYG).

Most recent broker ratings

09/26/2016 – Lloyds Banking Group Plc was downgraded to “sell” by analysts at Goldman Sachs.

09/15/2016 – Lloyds Banking Group Plc had its “hold” rating reiterated by analysts at Deutsche Bank.

09/12/2016 – Lloyds Banking Group Plc had its “buy” rating reiterated by analysts at Investec.

08/31/2016 – Lloyds Banking Group Plc had its “sell” rating reiterated by analysts at Citigroup.

08/02/2016 – Lloyds Banking Group Plc had its “buy” rating reiterated by analysts at Beaufort Securities.

07/26/2016 – Lloyds Banking Group Plc was upgraded to “hold” by analysts at Berenberg Bank.

07/05/2016 – Lloyds Banking Group Plc was upgraded to “outperform” by analysts at Macquarie.

06/27/2016 – Lloyds Banking Group Plc was downgraded to “equal-weight” by analysts at Barclays.

06/27/2016 – Lloyds Banking Group Plc was downgraded to “neutral” by analysts at JP Morgan.

06/27/2016 – Lloyds Banking Group Plc was downgraded to “underperform” by analysts at Bank of America Merrill Lynch.

02/22/2016 – Lloyds Banking Group Plc had its “buy” rating reiterated by analysts at Nomura.

02/19/2016 – Lloyds Banking Group Plc had its “outperform” rating reiterated by analysts at Davy Research.

12/03/2015 – Lloyds Banking Group Plc had its “buy” rating reiterated by analysts at JP Morgan Cazenove.

11/30/2015 – Lloyds Banking Group Plc was downgraded to “underperform” by analysts at Sanford C. Bernstein.

11/20/2015 – Lloyds Banking Group Plc had its “overweight” rating reiterated by analysts at Morgan Stanley. They now have a USD 90 price target on the stock.

The share price of Lloyds Banking Group Plc (NYSE:LYG) was up +3.83% during the last day of trading, with a day high of 2.72. 5755502 shares were traded during the last session.

The stock’s 50 day moving average is 2.94 and its 200 day moving average is 3.38. The stock’s market capitalization is 39.31B. Lloyds Banking Group Plc has a 52-week low of 2.47 and a 52-week high of 4.85.

LLOYDS BANKING GROUP plc provides financial services to individual and business customers in the United Kingdom but also overseas. The Company’s business activities include retail and commercial banking, long-term savings, protection and investment. It operates through its segments, including Retail, Commercial Banking, Consumer Finance and Insurance. Its Retail segment provides banking, mortgages and other financial services to personal and small business customers in the United Kingdom. Its Commercial Banking segment provides banking and related services to business clients, from small and medium-sized enterprises (SME) to large corporates. Its Consumer Finance segment provides a range of products, including motor finance, credit cards, and European mortgages and deposit taking. Its Insurance segment provides long-term savings, protection and investment products, as well as general insurance products in the United Kingdom.