Lloyds Banking Group PLC (LYG) Given Daily Coverage Optimism Rating of 0.12

News coverage about Lloyds Banking Group PLC (NYSE:LYG) has been trending somewhat positive on Sunday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Lloyds Banking Group PLC earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 45.8111523173373 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:

Shares of Lloyds Banking Group PLC (LYG) traded down 0.56% during midday trading on Friday, hitting $3.54. 2,223,158 shares of the stock traded hands. The company has a market cap of $56.35 billion, a price-to-earnings ratio of 32.78 and a beta of 0.76. Lloyds Banking Group PLC has a 52-week low of $2.56 and a 52-week high of $3.87. The stock has a 50-day moving average of $3.41 and a 200-day moving average of $3.50.

The firm also recently announced a None dividend, which will be paid on Tuesday, October 10th. Stockholders of record on Friday, August 11th will be issued a $0.052 dividend. This represents a dividend yield of 2.98%. This is a boost from Lloyds Banking Group PLC’s previous None dividend of $0.05. The ex-dividend date of this dividend is Wednesday, August 9th. Lloyds Banking Group PLC’s payout ratio is presently 100.00%.

Several research firms have issued reports on LYG. Zacks Investment Research raised shares of Lloyds Banking Group PLC from a “hold” rating to a “buy” rating and set a $4.00 price objective for the company in a research report on Friday, July 14th. Keefe, Bruyette & Woods cut shares of Lloyds Banking Group PLC from a “market perform” rating to an “underperform” rating in a research report on Wednesday, May 31st. Goldman Sachs Group, Inc. (The) reissued a “sell” rating on shares of Lloyds Banking Group PLC in a research report on Wednesday, September 6th. ValuEngine cut shares of Lloyds Banking Group PLC from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, BidaskClub cut shares of Lloyds Banking Group PLC from a “hold” rating to a “sell” rating in a research report on Thursday, June 22nd. Six analysts have rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company’s stock. Lloyds Banking Group PLC presently has an average rating of “Hold” and a consensus price target of $3.75.

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Lloyds Banking Group PLC Company Profile

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.

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