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 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. The Retail segment offers a range of financial service products, including current accounts, savings and mortgages. 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 Consumer Finance segment offers consumer lending products, including motor finance, credit cards, and unsecured personal loans. The Insurance segment provides a range of protection, pension and investment products. Its brands include Lloyds Bank, Halifax, Bank of Scotland, Scottish Widows, Colleys, Lex Autolease and AMC.