Lloyds Banking Group plc (LON:LLOY) Insider Buys £181,330.68 in Stock

Lloyds Banking Group plc (LON:LLOY) insider Charlie Nunn bought 238,593 shares of the firm’s stock in a transaction on Friday, June 20th. The shares were purchased at an average price of GBX 76 ($1.04) per share, for a total transaction of £181,330.68 ($247,753.35).

Lloyds Banking Group Stock Down 0.8%

Shares of LON:LLOY opened at GBX 76.02 ($1.04) on Thursday. Lloyds Banking Group plc has a 52-week low of GBX 52.44 ($0.72) and a 52-week high of GBX 79.19 ($1.08). The stock’s fifty day simple moving average is GBX 74.86 and its 200-day simple moving average is GBX 67.27. The company has a market capitalization of £46.10 billion, a P/E ratio of 9.62, a P/E/G ratio of 1.84 and a beta of 1.23.

Lloyds Banking Group (LON:LLOY) last issued its quarterly earnings data on Friday, May 2nd. The financial services provider reported GBX 1.70 ($0.02) earnings per share (EPS) for the quarter. Lloyds Banking Group had a return on equity of 11.22% and a net margin of 16.66%. On average, sell-side analysts anticipate that Lloyds Banking Group plc will post 7.3199528 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have commented on the company. Citigroup boosted their target price on Lloyds Banking Group from GBX 61 ($0.83) to GBX 71 ($0.97) and gave the stock a “buy” rating in a research report on Thursday, March 6th. JPMorgan Chase & Co. boosted their target price on Lloyds Banking Group from GBX 62 ($0.85) to GBX 71 ($0.97) and gave the stock an “underweight” rating in a research report on Tuesday, March 25th. Finally, Shore Capital reiterated a “hold” rating on shares of Lloyds Banking Group in a research report on Thursday, May 1st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of GBX 64.25 ($0.88).

About Lloyds Banking Group

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.