Lloyds Banking Group PLC (LON:LLOY)‘s stock had its “sell” rating reaffirmed by analysts at Goldman Sachs Group, Inc. (The) in a research report issued on Wednesday.

Other equities research analysts have also recently issued reports about the stock. UBS AG set a GBX 85 ($1.10) price objective on shares of Lloyds Banking Group PLC and gave the stock a “buy” rating in a research report on Wednesday, June 28th. Berenberg Bank reaffirmed a “sell” rating and set a GBX 55 ($0.71) price objective on shares of Lloyds Banking Group PLC in a research report on Friday, May 12th. Barclays PLC reaffirmed an “overweight” rating and set a GBX 77 ($0.99) price objective on shares of Lloyds Banking Group PLC in a research report on Friday, May 19th. J P Morgan Chase & Co set a GBX 83 ($1.07) price objective on shares of Lloyds Banking Group PLC and gave the stock a “buy” rating in a research report on Thursday, June 1st. Finally, BNP Paribas reaffirmed an “underperform” rating and set a GBX 63 ($0.81) price objective on shares of Lloyds Banking Group PLC in a research report on Wednesday, July 19th. Four investment analysts have rated the stock with a sell rating, three have given a hold rating and sixteen have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of GBX 75.26 ($0.97).

Shares of Lloyds Banking Group PLC (LLOY) traded up 1.09% during trading on Wednesday, hitting GBX 63.77. The stock had a trading volume of 70,571,015 shares. The stock’s market cap is GBX 40.60 billion. The stock’s 50 day moving average price is GBX 65.46 and its 200-day moving average price is GBX 67.27. Lloyds Banking Group PLC has a one year low of GBX 50.84 and a one year high of GBX 73.58.

Lloyds Banking Group PLC (LON:LLOY) last released its quarterly earnings data on Wednesday, July 26th. The financial services provider reported $0.04 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.04. Lloyds Banking Group PLC had a net margin of 5.53% and a return on equity of 5.48%. Analysts expect that Lloyds Banking Group PLC will post $7.70 earnings per share for the current fiscal year.

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In other Lloyds Banking Group PLC news, insider Antonio Horta-Osorio purchased 4,873 shares of Lloyds Banking Group PLC stock in a transaction on Wednesday, August 16th. The shares were bought at an average price of GBX 66 ($0.85) per share, with a total value of £3,216.18 ($4,153.66). Insiders acquired 10,030 shares of company stock worth $667,137 in the last ninety days.

Lloyds Banking Group PLC Company Profile

Lloyds Banking Group plc is a provider of financial services to individual and business customers in the United Kingdom. The Company’s main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. The Company’s segments are Retail, Commercial Banking, Consumer Finance, Insurance and Other.

Analyst Recommendations for Lloyds Banking Group PLC (LON:LLOY)

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