Shore Capital Reiterates Buy Rating for Lloyds Banking Group (LLOY)

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Credit Suisse Group set a GBX 85 ($1.19) price objective on shares of Lloyds Banking Group and gave the stock a "buy" rating in a research report on Wednesday, January 31st.

Several other large investors also recently added to or reduced their stakes in LYG. BNP Paribas upgraded shares of Lloyds Banking Group from an underperform rating to a neutral rating in a research report on Monday, December 11th.

Earnings per Share Details of Lloyds Banking Group plc: The EPS of LYG is strolling at 0.25, measuring its EPS growth this year at 49.5%. Instead, they should also do their own research-such as reading the prospectus for new companies or for public companies, the quarterly and annual reports filed with the SEC-to confirm whether a particular investment is appropriate for them in light of their individual financial circumstances. The rating was maintained by Deutsche Bank on Friday, November 20 with "Buy". Six analysts have rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the stock. RBC Capital Markets maintained Lloyds Banking Group plc (LON:LLOY) rating on Friday, October 27. The stock deteriorated -8.33% during the past three month period and escalated 3.89% in half year. 4336584 shares traded on hands while it's an average volume stands with 5204.73K shares. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 1.84. P/E is a popular valuation ratio of a company's current share price compared to its per-share earnings (trailing twelve months). Lloyds Banking Group now has a consensus rating of "Hold" and a consensus target price of GBX 76.02 ($1.06).

Lloyds Banking Group has reported a 23 per cent rise in pre-tax profit to £1.6bn in the first quarter. We have made a strong start to 2018 and have begun implementing the strategic initiatives which will further digitise the group, enhance customer propositions, maximise our capabilities as an integrated financial service provider and transform the way we work'. The bank achieved profit before tax of 1.6 billion GBP (2.2 billion USD), representing an increase of 23% compared to the same period past year.

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LLOY reached GBX 66.43 during the last trading session after GBX 0.01 change.Currently Lloyds Banking Group plc is after 0.00% change in last April 24, 2017.

A number of research firms have weighed in on LYG.

Etrade Capital Management Llc increased Lloyds Banking Group Plc (LYG) stake by 144.56% reported in 2017Q4 SEC filing. This represents a dividend yield of 6.01%. This is a positive change from Lloyds Banking Group's previous semiannual dividend of $0.08. The fund owned 754,385 shares of the financial services provider's stock after acquiring an additional 30,832 shares during the period. Lloyds Banking Group earned a coverage optimism score of 0.17 on Accern's scale. Its EPS was $0.65 while outstanding shares of the company were 180.29M. If you are accessing this news story on another site, it was stolen and republished in violation of United States and worldwide copyright and trademark legislation. If you are accessing this news story on another website, it was stolen and republished in violation of United States and worldwide copyright and trademark legislation. ValuEngine cut shares of Lloyds Banking Group from a "buy" rating to a "hold" rating in a report on Monday, April 2nd.

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