Lloyds Banking Group PLC Given Neutral Rating at Credit Suisse (LYG)
LYG has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Lloyds Banking Group PLC in a research note on Friday. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Lloyds Banking Group PLC in a research note on Tuesday. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Monday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have given a buy rating to the company. The company has a consensus rating of “Buy”.
Lloyds Banking Group PLC (NYSE:LYG) traded down 0.77% on Friday, hitting $5.17. 1,622,873 shares of the company’s stock traded hands. Lloyds Banking Group PLC has a 52 week low of $3.78 and a 52 week high of $5.76. The stock has a 50-day moving average of $5.24 and a 200-day moving average of $5.28. The company’s market cap is $92.737 billion. Lloyds Banking Group PLC also saw a significant growth in short interest during the month of June. As of June 13th, there was short interest totalling 13,134,064 shares, a growth of 63.5% from the May 30th total of 8,033,379 shares. Based on an average trading volume of 8,531,247 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.0% of the company’s shares are sold short.
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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