Lloyds Banking Group plc (LON:LLOY – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 57.02 ($0.71) and traded as high as GBX 62.42 ($0.78). Lloyds Banking Group shares last traded at GBX 61.82 ($0.77), with a volume of 101,225,297 shares.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on LLOY. Citigroup reissued a “neutral” rating on shares of Lloyds Banking Group in a research report on Thursday, October 24th. Shore Capital reaffirmed a “hold” rating on shares of Lloyds Banking Group in a report on Wednesday, October 23rd. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a GBX 60 ($0.75) price objective on shares of Lloyds Banking Group in a research report on Thursday, October 24th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of GBX 55.50 ($0.69).
Check Out Our Latest Stock Analysis on LLOY
Lloyds Banking Group Trading Down 1.2 %
Insider Buying and Selling
In other Lloyds Banking Group news, insider William Chalmers purchased 128,804 shares of the company’s stock in a transaction that occurred on Thursday, December 19th. The stock was purchased at an average cost of GBX 54 ($0.67) per share, with a total value of £69,554.16 ($86,845.00). 0.17% of the stock is owned by corporate insiders.
About Lloyds Banking Group
We are the largest UK retail and commercial financial services provider with over 25 million customers and a presence in nearly every community.
The Group’s main business activities are retail and commercial banking, general insurance and long-term savings, provided through the largest branch network and digital bank in the UK, with well recognised brands including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows.
Our shares are quoted on the London and New York stock exchanges and we are one of the largest companies in the FTSE 100 index.
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