Lloyds Banking Group (NYSE:LYG)‘s stock had its “buy” rating restated by analysts at UBS in a research note issued on Monday.
A number of other research firms also recently weighed in on LYG. Zacks Investment Research downgraded Lloyds Banking Group from a “buy” rating to a “hold” rating in a report on Friday, August 25th. Goldman Sachs Group reissued a “sell” rating on shares of Lloyds Banking Group in a report on Wednesday, September 6th. Credit Suisse Group raised Lloyds Banking Group from a “neutral” rating to an “outperform” rating in a report on Tuesday, October 10th. Finally, Macquarie downgraded Lloyds Banking Group from a “neutral” rating to an “underperform” rating in a report on Wednesday, November 29th. Seven research analysts have rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $4.00.
Shares of Lloyds Banking Group (NYSE LYG) opened at $3.64 on Monday. Lloyds Banking Group has a twelve month low of $3.06 and a twelve month high of $3.87. The company has a current ratio of 1.38, a quick ratio of 1.39 and a debt-to-equity ratio of 1.79. The firm has a market capitalization of $65,310.39, a price-to-earnings ratio of 6.72 and a beta of 0.76.
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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.
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