BNP Paribas set a GBX 62 ($0.82) price target on Lloyds Banking Group PLC (LON:LLOY) in a report released on Thursday morning. The firm currently has a sell rating on the financial services provider’s stock.

Other analysts have also recently issued research reports about the company. HSBC Holdings plc reaffirmed a buy rating and issued a GBX 76 ($1.01) price target on shares of Lloyds Banking Group PLC in a research report on Thursday, June 8th. UBS AG set a GBX 85 ($1.13) price target on Lloyds Banking Group PLC and gave the stock a buy rating in a research report on Wednesday, June 28th. Investec reaffirmed a buy rating and issued a GBX 75 ($0.99) price target on shares of Lloyds Banking Group PLC in a research report on Wednesday, June 14th. Jefferies Group LLC reaffirmed a buy rating and issued a GBX 86 ($1.14) price target on shares of Lloyds Banking Group PLC in a research report on Monday, June 12th. Finally, Morgan Stanley set a GBX 85 ($1.13) price target on Lloyds Banking Group PLC and gave the stock a buy rating in a research report on Monday, July 17th. Four research analysts have rated the stock with a sell rating, three have given a hold rating and sixteen have given a buy rating to the company. The company currently has a consensus rating of Buy and an average price target of GBX 74.88 ($0.99).

Lloyds Banking Group PLC (LLOY) opened at 66.60 on Thursday. The stock’s market capitalization is GBX 42.40 billion. Lloyds Banking Group PLC has a 12-month low of GBX 50.84 and a 12-month high of GBX 73.58. The stock has a 50 day moving average price of GBX 65.28 and a 200-day moving average price of GBX 66.96.

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The firm also recently declared a dividend, which was paid on Wednesday, September 27th. Investors of record on Thursday, August 10th were given a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend was Thursday, August 10th. This represents a yield of 1.45%.

In other Lloyds Banking Group PLC news, insider Antonio Horta-Osorio purchased 4,784 shares of the firm’s stock in a transaction that occurred on Tuesday, July 18th. The shares were acquired at an average cost of GBX 67 ($0.89) per share, for a total transaction of £3,205.28 ($4,251.60). Also, insider George Culmer purchased 101,589 shares of the firm’s stock in a transaction that occurred on Monday, September 18th. The shares were acquired at an average price of GBX 66 ($0.88) per share, for a total transaction of £67,048.74 ($88,935.85). Over the last 90 days, insiders have purchased 111,855 shares of company stock worth $7,387,115.

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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