Lloyds Banking Group PLC Given Consensus Rating of “Buy” by Analysts (NYSE:LYG)
Shares of Lloyds Banking Group PLC (NYSE:LYG) have been given an average recommendation of “Buy” by the nineteen brokerages that are presently covering the stock, Stock Ratings Network.com reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and twelve have issued a buy recommendation on the company.
Lloyds Banking Group PLC (NYSE:LYG) opened at 4.99 on Wednesday. Lloyds Banking Group PLC has a 1-year low of $4.50 and a 1-year high of $5.76. The stock has a 50-day moving average of $5.05 and a 200-day moving average of $5.18. The company’s market cap is $88.510 billion.
A number of analysts have recently weighed in on LYG shares. Analysts at Investec reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Tuesday, August 26th. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Wednesday, August 13th. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Lloyds Banking Group PLC in a research note on Monday, August 4th.
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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