Press coverage about Lloyds Banking Group PLC (NYSE:LYG) has been trending somewhat positive on Monday, Accern Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Lloyds Banking Group PLC earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 46.0233746867662 out of 100, indicating 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 media stories that may have effected Accern Sentiment Analysis’s rankings:
- [$$] Lloyds Banking Group buys Zurich’s UK pensions and savings unit (finance.yahoo.com)
- A quick recap Technical data on Lloyds Banking Group plc (LYG) – Wall Street Morning (wallstreetmorning.com)
- Hot Stock That Must Be in Your Portfolio – Lloyds Banking Group plc, (NYSE: LYG) – Stock Watch (stocksnewstimes.com)
- Lloyds Banking Group Plc (LYG) A Look at Technical Overview – ExpertGazette (expertgazette.com)
- Lloyds Banking Group PLC Acquisition of Zurich pensions & savings business (foxbusiness.com)
A number of equities research analysts have issued reports on LYG shares. 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 Tuesday, September 26th. ValuEngine raised shares of Lloyds Banking Group PLC from a “hold” rating to a “buy” rating in a research report on Tuesday, June 27th. Credit Suisse Group raised shares of Lloyds Banking Group PLC from a “neutral” rating to an “outperform” rating in a research report on Tuesday, October 10th. Goldman Sachs Group, Inc. (The) reaffirmed a “sell” rating on shares of Lloyds Banking Group PLC in a research report on Wednesday, September 6th. Finally, BidaskClub downgraded 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, one has given a hold rating and ten have given a buy rating to the company. Lloyds Banking Group PLC presently has a consensus rating of “Hold” and a consensus price target of $4.00.
Lloyds Banking Group PLC (LYG) opened at 3.58 on Monday. The stock’s 50 day moving average is $3.51 and its 200-day moving average is $3.52. Lloyds Banking Group PLC has a 52-week low of $2.61 and a 52-week high of $3.87. The company has a market capitalization of $56.98 billion, a P/E ratio of 31.96 and a beta of 0.71.
The business also recently disclosed a None dividend, which was paid on Tuesday, October 10th. Stockholders of record on Friday, August 11th were issued a dividend of $0.052 per share. 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 was Wednesday, August 9th. Lloyds Banking Group PLC’s payout ratio is presently 100.00%.
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About Lloyds Banking Group PLC
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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