Lloyds Banking Group plc (LON:LLOY) Insider William Chalmers Buys 128,804 Shares of Stock

Lloyds Banking Group plc (LON:LLOY) insider William Chalmers purchased 128,804 shares of the stock in a transaction dated Thursday, December 19th. The shares were bought at an average price of GBX 54 ($0.68) per share, for a total transaction of £69,554.16 ($87,412.54).

Lloyds Banking Group Stock Down 0.8 %

Shares of Lloyds Banking Group stock opened at GBX 53.86 ($0.68) on Friday. Lloyds Banking Group plc has a 12-month low of GBX 41 ($0.52) and a 12-month high of GBX 63.47 ($0.80). The stock has a 50 day moving average price of GBX 55.95 and a two-hundred day moving average price of GBX 56.91. The stock has a market capitalization of £33.00 billion, a P/E ratio of 769.43, a PEG ratio of 1.84 and a beta of 1.23.

Analysts Set New Price Targets

LLOY has been the topic of a number of recent research reports. Shore Capital restated a “hold” rating on shares of Lloyds Banking Group in a research note on Wednesday, October 23rd. Citigroup reissued a “neutral” rating on shares of Lloyds Banking Group in a research note on Thursday, October 24th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a GBX 60 ($0.75) price objective on shares of Lloyds Banking Group in a research report on Thursday, October 24th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 55.50 ($0.70).

Lloyds Banking Group Company Profile

Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom and internationally. It operates in 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 customers.