Lloyds Banking Group PLC Stock Rating Reaffirmed by Deutsche Bank (LYG)
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Friday, July 4th. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Lloyds Banking Group PLC in a research note on Tuesday, July 1st. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Lloyds Banking Group PLC in a research note on Friday, June 27th. One analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy”.
Lloyds Banking Group PLC (NYSE:LYG) traded down 0.39% during mid-day trading on Friday, hitting $5.06. The stock had a trading volume of 2,229,443 shares. Lloyds Banking Group PLC has a 52-week low of $4.03 and a 52-week high of $5.76. The stock has a 50-day moving average of $5.25 and a 200-day moving average of $5.2. The company’s market cap is $90.764 billion. Lloyds Banking Group PLC also was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 29,672,171 shares, an increase of 125.9% from the June 13th total of 13,134,064 shares. Based on an average daily trading volume, of 4,308,429 shares, the short-interest ratio is currently 6.9 days. Currently, 0.0% of the company’s stock are short sold.
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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