Lloyds Banking Group PLC (ADR) (NYSE:LYG) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 24, 2016
Boasting a price of $3.02, Lloyds Banking Group PLC (ADR) (NYSE:LYG) traded -2.64% lower on the day. With the last stock price close down -16.44% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $3.04 and a 200-day moving average of $3.53. 2,873,179 shares of the stock were exchanged, down from an average trading volume of 9,663,960
Zacks Investment Research has downgraded Lloyds Banking Group PLC (ADR) (NYSE:LYG) to Hold in a statement released on 9/21/2016.
On 09/10/2016, Zacks Investment Research released a statement for Lloyds Banking Group PLC (ADR) (NYSE:LYG) bumped up the target price from $0.00 to $3.50 that suggested an upside of 0.09%.
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Lloyds Banking Group PLC (ADR) has a PE ratio of 27.31 with a one year low of $2.47 and a one year high of $4.85 Lloyds Banking Group PLC (ADR)’s market capitalization is presently $0.
A total of 1 analyst has released a research note on LYG. One brokerage rating the company a strong buy, zero analysts rating the company a buy, 0 brokers rating the stock a hold, zero equity analysts rating the stock a underperform, and finally 0 analysts rating the company a sell with a one year target of $4.94.
More About Lloyds Banking Group PLC (ADR) (NYSE:LYG)
LLOYDS BANKING GROUP plc provides financial services to individual and business customers in the United Kingdom but also overseas. The Company's business activities include retail and commercial banking, long-term savings, protection and investment. It operates through its segments, including Retail, Commercial Banking, Consumer Finance and Insurance. Its Retail segment provides banking, mortgages and other financial services to personal and small business customers in the United Kingdom. Its Commercial Banking segment provides banking and related services to business clients, from small and medium-sized enterprises (SME) to large corporates. Its Consumer Finance segment provides a range of products, including motor finance, credit cards, and European mortgages and deposit taking. Its Insurance segment provides long-term savings, protection and investment products, as well as general insurance products in the United Kingdom.
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