Barclays PLC restated their overweight rating on shares of Lloyds Banking Group PLC (LON:LLOY) in a research report released on Thursday. Barclays PLC currently has a GBX 77 ($1.02) price target on the financial services provider’s stock.

Other equities research analysts have also issued reports about the company. HSBC Holdings plc reissued a buy rating and set a GBX 76 ($1.01) price target on shares of Lloyds Banking Group PLC in a research report on Thursday, June 8th. Investec reissued a buy rating and set 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 reissued a buy rating and set a GBX 86 ($1.14) price target on shares of Lloyds Banking Group PLC in a research report on Monday, June 12th. UBS AG set a GBX 85 ($1.13) price target on Lloyds Banking Group PLC and gave the company a buy rating in a research report on Wednesday, June 28th. Finally, Morgan Stanley set a GBX 85 ($1.13) price target on Lloyds Banking Group PLC and gave the company a buy rating in a research report on Monday, July 17th. Four 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’s stock. The stock currently has an average rating of Buy and an average target price of GBX 74.88 ($0.99).

Shares of Lloyds Banking Group PLC (LLOY) traded down 1.04% during trading on Thursday, hitting GBX 66.60. 90,426,643 shares of the stock were exchanged. The firm has a 50 day moving average of GBX 65.28 and a 200-day moving average of GBX 66.96. Lloyds Banking Group PLC has a 12-month low of GBX 50.84 and a 12-month high of GBX 73.58. The company’s market cap is GBX 42.40 billion.

TRADEMARK VIOLATION NOTICE: “Lloyds Banking Group PLC’s (LLOY) “Overweight” Rating Reaffirmed at Barclays PLC” was first published by Watch List News and is owned by of Watch List News. If you are reading this news story on another website, it was stolen and reposted in violation of U.S. and international trademark and copyright law. The legal version of this news story can be read at https://www.watchlistnews.com/lloyds-banking-group-plcs-lloy-overweight-rating-reaffirmed-at-barclays-plc/1613730.html.

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

In other news, insider Antonio Horta-Osorio bought 4,873 shares of the company’s stock in a transaction dated Wednesday, August 16th. The stock was bought at an average price of GBX 66 ($0.88) per share, for a total transaction of £3,216.18 ($4,266.06). Also, insider George Culmer bought 101,589 shares of the company’s stock in a transaction dated Monday, September 18th. The shares were purchased at an average price of GBX 66 ($0.88) per share, with a total value of £67,048.74 ($88,935.85). In the last ninety days, insiders 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)

Receive News & Ratings for Lloyds Banking Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lloyds Banking Group PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.