Lloyds Banking Group plc (LON:LLOY – Get Free Report) insider William Chalmers sold 8,445,139 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of GBX 112, for a total transaction of £9,458,555.68.
William Chalmers also recently made the following trade(s):
- On Thursday, August 27th, William Chalmers sold 654,861 shares of Lloyds Banking Group stock. The shares were sold at an average price of GBX 110, for a total transaction of £720,347.10.
Lloyds Banking Group Trading Down 0.3%
LON:LLOY opened at GBX 108.92 on Friday. The firm has a market capitalization of £63.24 billion, a price-to-earnings ratio of 13.62, a PEG ratio of 1.84 and a beta of 0.91. The firm’s fifty day simple moving average is GBX 112.56 and its 200 day simple moving average is GBX 103.81. Lloyds Banking Group plc has a twelve month low of GBX 77.38 and a twelve month high of GBX 117.90.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on the company. Royal Bank Of Canada upped their target price on Lloyds Banking Group from GBX 120 to GBX 124 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Shore Capital Group reiterated a “sell” rating on shares of Lloyds Banking Group in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 125 price target on shares of Lloyds Banking Group in a research report on Friday, July 31st. Berenberg Bank restated a “hold” rating and issued a GBX 117 price target on shares of Lloyds Banking Group in a report on Wednesday, June 24th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 125 price objective on shares of Lloyds Banking Group in a research report on Friday, July 31st. Six investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 114.20.
Read Our Latest Research Report on LLOY
Lloyds Banking Group Company Profile
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.
Further Reading
- Five stocks we like better than Lloyds Banking Group
- CrowdStrike’s “Mythos Moment” Tests the Bigger AI Security Trade
- 3 Stocks Facing New Pressure From Section 338 Tariffs on Canadian Goods
- Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape
- SEC Probe Puts Wall Street Leverage Risk Back in Focus
Receive News & Ratings for Lloyds Banking Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lloyds Banking Group and related companies with MarketBeat.com's FREE daily email newsletter.
