Lloyds Banking Group PLC (LON:LLOY) insider Juan Colombás sold 225,567 shares of Lloyds Banking Group stock in a transaction dated 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).
LON:LLOY opened at GBX 58.15 ($0.76) on Friday. Lloyds Banking Group PLC has a 1 year low of GBX 61.81 ($0.81) and a 1 year high of GBX 73.58 ($0.96).
The company also recently announced a dividend, which was paid on Wednesday, September 26th. Stockholders of record on Thursday, August 16th were paid a GBX 1.07 ($0.01) dividend. This represents a dividend yield of 1.69%. The ex-dividend date of this dividend was Thursday, August 16th.
A number of equities research analysts recently weighed in on the company. JPMorgan Chase & Co. set a GBX 85 ($1.11) target price on Lloyds Banking Group and gave the stock a “buy” rating in a research report on Wednesday, August 1st. HSBC decreased their target price on Lloyds Banking Group from GBX 72 ($0.94) to GBX 70 ($0.91) and set a “hold” rating on the stock in a research report on Wednesday, June 20th. Deutsche Bank decreased their target price on Lloyds Banking Group from GBX 76 ($0.99) to GBX 62.40 ($0.82) and set a “buy” rating on the stock in a research report on Monday, July 16th. Credit Suisse Group lifted their target price on Lloyds Banking Group from GBX 85 ($1.11) to GBX 90 ($1.18) and gave the stock an “outperform” rating in a research report on Monday, September 24th. Finally, UBS Group set a GBX 80 ($1.05) target price on Lloyds Banking Group and gave the stock a “buy” rating in a research report on Tuesday, August 7th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have issued a buy rating to the company’s stock. Lloyds Banking Group has a consensus rating of “Buy” and a consensus price target 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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