Lloyds Banking Group Plc (NYSE:LYG)
Berenberg Upgrades Lloyds Banking Group Plc (NYSE:LYG)’s stock to Hold with no specific Price Target. This rating was issued on 9/04/18. The stock recently closed its previous session at $2.91 by showing a percentage change of -3.32% from its previous day closing price of $3.01.
Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.
Several investment firms issued their expert ratings on Lloyds Banking Group Plc (NYSE:LYG) in which Exane BNP Paribas Upgrades Lloyds Banking Group Plc (NYSE:LYG) to Neutral with no specific Price Target on 12/11/17. Credit Suisse Upgrades the stock to Outperform on 10/10/17 with no specific Price Target. Credit Suisse Initiates Coverage On the company’s stock to Neutral on 11/29/16 with no specific Price Target. JP Morgan Upgrades Lloyds Banking Group Plc (NYSE:LYG) to Overweight with no specific Price Target.
Lloyds Banking Group Plc (NYSE:LYG) currently has a consensus Price Target of $3.93. While some analysts have a High Price target for the stock of $5.21 and a Low Price Target of $2.74.
Several sell side analysts reviewed their recommendations on Lloyds Banking Group Plc (NYSE:LYG) where 0 analyst have rated the stock as Strong Buy, 0 analysts said it’s a Buy, 0 rated the stock as Hold, 1 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)
Zacks Investment Research also rated the stock with a value of 2.8. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.
Lloyds Banking Group Plc (NYSE:LYG) has a market capitalization of 51.75 Billion. The stock traded with the volume of 6.78 Million shares in the last trading session. The stock touched its high share price of $4.21 on 01/25/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 10/18/18 as $2.93. The company has a 1 Year high price target of $3.02. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -5.26%. The Moving Average SMA50 is -6.13% while SMA200 is -16.99%.
Lloyds Banking Group Plc (NYSE:LYG) is currently showing its ROA (Return on Assets) of 0%. The Return on Investment (ROI) is at 6.1% while it’s Return on Equity (ROE) value stands at 0%. The stock currently shows its YTD (Year to Date) performance of -22.4 percent while its Weekly performance value is -2.68%. The Monthly and Yearly performances are -9.35 percent and -19.17 percent respectively. The Relative Volume value measured for Lloyds Banking Group Plc (NYSE:LYG) is 0.91. The Average Volume (3 months) is 7.47 Million.
The stock currently has its Annual Dividend of $0.16 and an annual Dividend Yield of 5.5 Percent. LYG has P/E (Price to Earnings ttm) value of 10.58, Forward P/E of 8.56, P/C (Price to cash per share) of 0.39 and Price to Free Cash Flow (P/FCF) value of 0. The stock is showing its Operating Margin of 0 percent.
Lloyds Banking Group plc, formerly Lloyds TSB Group plc, is a United Kingdom-based financial services company, whose businesses provide a range of banking and financial services in the United Kingdom and a limited number of locations overseas. Headquartered in London, the company operates through three segments: UK Retail Banking, Insurance and Investments, and Wholesale and International Banking. The UK Retail Banking segment provides banking and financial services, mortgages, and private banking services. The Insurance and Investments segment offers life assurance, pensions and savings products, general insurance, and fund management services. The Wholesale and International Banking segment provides banking and related services for companies, small and medium-sized businesses, banks, and financial institutions; and asset finance to personal and corporate customers.