Deutsche Bank reiterated their buy rating on shares of Lloyds Banking Group (NYSE:LYG) in a research report report published on Friday.

A number of other research firms have also commented on LYG. JPMorgan Chase & Co. restated a buy rating on shares of Lloyds Banking Group in a research report on Thursday, February 1st. BNP Paribas upgraded shares of Lloyds Banking Group from a neutral rating to an outperform rating in a research report on Wednesday, January 17th. Morgan Stanley lowered shares of Lloyds Banking Group from an overweight rating to an equal rating in a research report on Wednesday, January 10th. Goldman Sachs Group restated a sell rating on shares of Lloyds Banking Group in a research report on Tuesday, January 9th. Finally, Zacks Investment Research upgraded shares of Lloyds Banking Group from a sell rating to a hold rating in a research report on Wednesday, December 13th. Six analysts have rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of $4.00.

Shares of Lloyds Banking Group (LYG) opened at $3.79 on Friday. The firm has a market cap of $66,530.00, a PE ratio of 15.79 and a beta of 0.80. Lloyds Banking Group has a 52 week low of $3.15 and a 52 week high of $4.21.

Large investors have recently added to or reduced their stakes in the business. Keybank National Association OH acquired a new position in Lloyds Banking Group in the third quarter valued at about $123,000. Flagship Harbor Advisors LLC acquired a new position in Lloyds Banking Group in the fourth quarter valued at about $132,000. Private Advisor Group LLC boosted its position in Lloyds Banking Group by 86.5% in the third quarter. Private Advisor Group LLC now owns 43,851 shares of the financial services provider’s stock valued at $159,000 after buying an additional 20,336 shares in the last quarter. Atria Investments LLC boosted its position in Lloyds Banking Group by 140.2% in the fourth quarter. Atria Investments LLC now owns 51,373 shares of the financial services provider’s stock valued at $193,000 after buying an additional 29,987 shares in the last quarter. Finally, Searle & CO. acquired a new position in shares of Lloyds Banking Group during the third quarter worth approximately $220,000. Hedge funds and other institutional investors own 2.33% of the company’s stock.

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About Lloyds Banking Group

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 (NYSE:LYG)

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