Lloyds Banking Group Plc with ticker code (LYG) now have 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 3.13 and 3.1 suggesting an average Analsyt target price of $3.12. Given that the stocks previous close was at $2.36 and the analysts are correct then there would likely be a percentage uptick in value of 32.2%. The 50 day moving average now sits at $2.37 and the 200 day moving average is $2.22. The total market capitalization for the company now stands at $38,072m. Visit the company website at: https://www.lloydsbankinggroup.com
The potential market cap would be $50,333m based on the market consensus.
Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom. It operates through 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 and small business customers. The Commercial Banking segment provides lending, transactional banking, working capital management, risk management, and debt financing services to small and medium-sized entities, corporates, and institutions. The Insurance, Pensions, and Investments segment offers insurance, investment, and pension management products and services. It also provides digital banking services. The company offers its products and services under the Lloyds Bank, Halifax, Bank of Scotland, and Scottish Widows brands. Lloyds Banking Group plc was founded in 1695 and is based in London, the United Kingdom.
The company has a dividend yield of 4.82% with the ex dividend date set at 13-4-2023 (DMY).
Other points of data to note are a P/E ratio of 6.49, revenue per share of 1 and a 0.63% return on assets.
