Lloyds Banking Group PLC (LYG) Receives Coverage Optimism Score of 0.16

News headlines about Lloyds Banking Group PLC (NYSE:LYG) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Lloyds Banking Group PLC earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 46.0275946075386 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the headlines that may have impacted Accern’s scoring:

Shares of Lloyds Banking Group PLC (LYG) traded up 1.96% on Tuesday, reaching $3.65. The firm has a market cap of $58.10 billion, a price-to-earnings ratio of 32.59 and a beta of 0.71. Lloyds Banking Group PLC has a 1-year low of $2.56 and a 1-year high of $3.87. The company’s 50 day moving average is $3.48 and its 200 day moving average is $3.52.

The business also recently announced a None dividend, which will be paid on Tuesday, October 10th. Investors of record on Friday, August 11th will be paid a $0.052 dividend. The ex-dividend date is Wednesday, August 9th. This is a boost from Lloyds Banking Group PLC’s previous None dividend of $0.05. This represents a yield of 2.98%. Lloyds Banking Group PLC’s dividend payout ratio (DPR) is 100.00%.

Several research analysts have recently issued reports on LYG shares. Zacks Investment Research downgraded shares of Lloyds Banking Group PLC from a “buy” rating to a “hold” rating in a research note on Saturday, September 2nd. Goldman Sachs Group, Inc. (The) reiterated a “sell” rating on shares of Lloyds Banking Group PLC in a research note on Wednesday, September 6th. ValuEngine upgraded shares of Lloyds Banking Group PLC from a “hold” rating to a “buy” rating in a research note on Tuesday, June 27th. BidaskClub downgraded shares of Lloyds Banking Group PLC from a “hold” rating to a “sell” rating in a research note on Thursday, June 22nd. Finally, Credit Suisse Group upgraded shares of Lloyds Banking Group PLC from a “neutral” rating to an “outperform” rating in a research note on Tuesday. Six equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $4.00.

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About Lloyds Banking Group PLC

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.

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