Insider Buying: Lloyds Banking Group PLC (LLOY) Insider Buys 184 Shares of Stock

Lloyds Banking Group PLC (LON:LLOY) insider George Culmer acquired 184 shares of the business’s stock in a transaction that occurred on Wednesday, January 10th. The stock was bought at an average cost of GBX 68 ($0.92) per share, for a total transaction of £125.12 ($169.68).

Shares of Lloyds Banking Group PLC (LON LLOY) traded up GBX 0.85 ($0.01) during mid-day trading on Thursday, reaching GBX 69.83 ($0.95). The company had a trading volume of 147,853,656 shares, compared to its average volume of 110,950,000. The firm has a market cap of $50,250.00 and a price-to-earnings ratio of 1,745.75. Lloyds Banking Group PLC has a twelve month low of GBX 61.81 ($0.84) and a twelve month high of GBX 73.58 ($1.00).

A number of research analysts recently weighed in on LLOY shares. Goldman Sachs Group set a GBX 55 ($0.75) price objective on Lloyds Banking Group and gave the company a “sell” rating in a research note on Wednesday, November 8th. Credit Suisse Group reissued an “outperform” rating and issued a GBX 80 ($1.08) price objective on shares of Lloyds Banking Group in a research note on Thursday, November 16th. Deutsche Bank raised their price objective on Lloyds Banking Group from GBX 73 ($0.99) to GBX 77 ($1.04) and gave the company a “buy” rating in a research note on Monday, October 23rd. Barclays reissued an “overweight” rating and issued a GBX 77 ($1.04) price objective on shares of Lloyds Banking Group in a research note on Wednesday, November 29th. Finally, JPMorgan Chase & Co. raised their price objective on Lloyds Banking Group from GBX 83 ($1.13) to GBX 85 ($1.15) and gave the company an “overweight” rating in a research note on Thursday, October 26th. Four research analysts have rated the stock with a sell rating, two have issued a hold rating and fifteen have given a buy rating to the company. Lloyds Banking Group has an average rating of “Buy” and a consensus target price of GBX 75.73 ($1.03).

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About Lloyds Banking Group

Lloyds Banking Group plc is a provider of financial services to individual and business customers in the United Kingdom. The Company’s main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. The Company’s segments are Retail, Commercial Banking, Consumer Finance, Insurance and Other.

Insider Buying and Selling by Quarter for Lloyds Banking Group (LON:LLOY)

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