Lloyds Banking Group PLC Rating Reiterated by Espirito Santo Investment Bank Research (LYG)
Shares of Lloyds Banking Group PLC (NYSE:LYG) traded up 0.19% on Tuesday, hitting $5.34. 22,150,310 shares of the company’s stock traded hands. Lloyds Banking Group PLC has a 1-year low of $3.70 and a 1-year high of $5.76. The stock’s 50-day moving average is $5.21 and its 200-day moving average is $5.26. The company’s market cap is $95.786 billion. Lloyds Banking Group PLC also was the target of a significant growth in short interest in May. As of May 15th, there was short interest totalling 10,099,929 shares, a growth of 35.5% from the April 30th total of 7,451,420 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 2,830,272 shares, the days-to-cover ratio is currently 3.6 days.
LYG has been the subject of a number of other recent research reports. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Lloyds Banking Group PLC in a research note on Wednesday, June 4th. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Wednesday, May 28th. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Lloyds Banking Group PLC in a research note on Friday, May 23rd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the stock. The stock currently has a consensus rating of “Buy”.
Lloyds Banking Group plc, is a holding company. The Company is a financial services group providing a range of banking and financial services, primarily in the United Kingdom, to personal and corporate customers.
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