Lloyds Banking Group PLC Rating Reiterated by JPMorgan Chase & Co. (LYG)
A number of other firms have also recently commented on LYG. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Monday. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Lloyds Banking Group PLC in a research note on Monday. Finally, analysts at Santander reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Wednesday, June 18th. One analyst has rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy”.
Lloyds Banking Group PLC (NYSE:LYG) traded down 1.54% during mid-day trading on Tuesday, hitting $5.10. 2,603,876 shares of the company’s stock traded hands. Lloyds Banking Group PLC has a one year low of $3.70 and a one year high of $5.76. The stock’s 50-day moving average is $5.25 and its 200-day moving average is $5.28. The company’s market cap is $91.481 billion. Lloyds Banking Group PLC also was the recipient of a large increase in short interest during the month of June. As of June 13th, there was short interest totalling 13,134,064 shares, an increase of 63.5% from the May 30th total of 8,033,379 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 8,531,247 shares, the days-to-cover ratio is currently 1.5 days.
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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