Lloyds Banking Group PLC (LON:LLOY) insider Juan Colombás sold 225,567 shares of the stock in a transaction on Wednesday, September 19th. The stock was sold at an average price of GBX 60 ($0.78), for a total value of £135,340.20 ($176,845.94).
LLOY opened at GBX 58.15 ($0.76) on Friday. Lloyds Banking Group PLC has a twelve month low of GBX 61.81 ($0.81) and a twelve month high of GBX 73.58 ($0.96).
The company also recently announced a dividend, which was paid on Wednesday, September 26th. Investors of record on Thursday, August 16th were issued a dividend of GBX 1.07 ($0.01) per share. The ex-dividend date of this dividend was Thursday, August 16th. This represents a yield of 1.69%.
Several analysts recently issued reports on the company. JPMorgan Chase & Co. set a GBX 85 ($1.11) price target on Lloyds Banking Group and gave the company a “buy” rating in a report on Wednesday, August 1st. Deutsche Bank reiterated a “buy” rating and issued a GBX 76 ($0.99) price target on shares of Lloyds Banking Group in a report on Thursday, August 2nd. UBS Group lowered their price target on Lloyds Banking Group from GBX 87 ($1.14) to GBX 80 ($1.05) and set a “buy” rating for the company in a report on Wednesday, August 1st. Goldman Sachs Group set a GBX 58 ($0.76) target price on Lloyds Banking Group and gave the company a “sell” rating in a research note on Thursday, July 19th. Finally, Berenberg Bank restated a “sell” rating and set a GBX 60 ($0.78) target price on shares of Lloyds Banking Group in a research note on Monday, July 23rd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have given a buy rating to the company’s stock. Lloyds Banking Group presently has an average rating of “Buy” and a consensus target price of GBX 76 ($0.99).
Lloyds Banking Group Company Profile
Lloyds Banking Group plc provides banking and financial services under the Lloyds Bank, Halifax, Bank of Scotland, and Scottish Widows brands in the United Kingdom and internationally. The company operates through three segments: Retail, Commercial Banking, and Insurance and Wealth. The Retail segment offers a range of financial service products, including current accounts, savings accounts, mortgages, motor finance, and unsecured consumer lending products to personal and small business customers.
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