Insider Buying: Lloyds Banking Group plc (LON:LLOY) Insider Purchases £69,554.16 in Stock

Lloyds Banking Group plc (LON:LLOYGet Free Report) insider William Chalmers bought 128,804 shares of the business’s stock in a transaction dated Thursday, December 19th. The shares were bought at an average cost of GBX 54 ($0.68) per share, for a total transaction of £69,554.16 ($87,423.53).

Lloyds Banking Group Trading Down 0.8 %

Shares of LLOY opened at GBX 53.86 ($0.68) on Monday. The firm has a fifty day moving average price of GBX 55.95 and a 200-day moving average price of GBX 56.92. The firm has a market capitalization of £33.00 billion, a P/E ratio of 769.43, a P/E/G ratio of 1.84 and a beta of 1.23. Lloyds Banking Group plc has a 12-month low of GBX 41 ($0.52) and a 12-month high of GBX 63.47 ($0.80).

Analyst Ratings Changes

LLOY has been the topic of a number of analyst reports. Shore Capital reiterated a “hold” rating on shares of Lloyds Banking Group in a research report on Wednesday, October 23rd. Royal Bank of Canada reaffirmed a “sector perform” rating and set a GBX 60 ($0.75) price target on shares of Lloyds Banking Group in a research note on Thursday, October 24th. Finally, Citigroup reissued a “neutral” rating on shares of Lloyds Banking Group in a research report on Thursday, October 24th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of GBX 55.50 ($0.70).

Read Our Latest Analysis on LLOY

About Lloyds Banking Group

(Get Free Report)

Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom and internationally. It operates in three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal customers.

Further Reading

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