Zacks Rating on Lloyds Banking Group Plc (LYG)

Lloyds Banking Group Plc (LYG) : Zacks Investment Research ranks Lloyds Banking Group Plc (LYG) as 4, which is a Sell recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 4 research analysts is 2.25, which indicates as a Buy.


Shares of Lloyds Banking Group plc rose by 7.67% in the last five trading days and 9.72% for the last 4 weeks. Lloyds Banking Group plc has dropped 27.19% during the last 3-month period . Year-to-Date the stock performance stands at -25.9%. Lloyds Banking Group Plc (NYSE:LYG): stock turned positive on Tuesday. Though the stock opened at $3.05, the bulls momentum made the stock top out at $3.11 level for the day. The stock recorded a low of $3.05 and closed the trading day at $3.09, in the green by 3.00%. The total traded volume for the day was 6,152,728. The stock had closed at $3 in the previous days trading.

Lloyds Banking Group plc is engaged in providing financial services to individual and business customers in the United Kingdom and in certain locations overseas. The Company offers retail and commercial banking, and long-term savings, protection and investment. It operates through five segments: Retail, Commercial Banking, Consumer Finance, Insurance and TSB Banking Group plc (TSB). Retail segment provides banking, mortgages and other financial services to personal customers in the United Kingdom. Commercial Banking segment provides banking and related services to business clients. Consumer Finance segment provides asset finance and credit card products. Insurance segment provides long-term savings, protection and investment products, as well as general insurance products in the United Kingdom. TSB is engaged in retail banking business. Its services are offered through various brands, including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows.

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