Goldman Sachs Group, Inc. (The) set a GBX 56 ($0.74) price target on Lloyds Banking Group PLC (LON:LLOY) in a research note published on Monday. The firm currently has a sell rating on the financial services provider’s stock.
A number of other analysts have also commented on the stock. UBS AG set a GBX 85 ($1.12) price target on shares of Lloyds Banking Group PLC and gave the company a buy rating in a research note on Monday, September 4th. Societe Generale restated a buy rating on shares of Lloyds Banking Group PLC in a research note on Monday, September 11th. Royal Bank Of Canada restated an outperform rating and set a GBX 90 ($1.18) price target on shares of Lloyds Banking Group PLC in a research note on Monday, September 4th. Deutsche Bank AG restated a buy rating and set a GBX 79 ($1.04) price target on shares of Lloyds Banking Group PLC in a research note on Wednesday, July 5th. Finally, Barclays PLC restated an overweight rating and set a GBX 77 ($1.01) price target on shares of Lloyds Banking Group PLC in a research note on Wednesday, June 28th. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating and seventeen have given a buy rating to the stock. The stock currently has an average rating of Buy and a consensus price target of GBX 75.02 ($0.99).
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The firm also recently declared a dividend, which was paid on Wednesday, September 27th. Investors of record on Thursday, August 10th were paid a GBX 1 ($0.01) dividend. This represents a yield of 1.45%. The ex-dividend date of this dividend was Thursday, August 10th.
In other news, insider Antonio Horta-Osorio acquired 4,873 shares of the stock in a transaction on Wednesday, August 16th. The stock was acquired at an average price of GBX 66 ($0.87) per share, with a total value of £3,216.18 ($4,228.48). Also, insider George Culmer acquired 101,589 shares of the stock in a transaction on Monday, September 18th. The shares were purchased at an average cost of GBX 66 ($0.87) per share, with a total value of £67,048.74 ($88,152.43). Insiders purchased 111,855 shares of company stock valued at $7,387,115 in the last ninety days.
About Lloyds Banking Group PLC
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.
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