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Lloyds Banking Group PLC Add to portfolio

LON100:LLOY, Feb 22, 03:11 UTC

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Sunday, February 10


News

Lloyds Banking Group PLC (LLOY) Given Average Rating of “Buy” by Brokerages – Fairfield Current

LLOY

Shares of Lloyds Banking Group PLC (LON:LLOY) have been given an average recommendation of “Buy” by the seventeen analysts that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have assigned a buy rating to the company. JPMorgan Chase & Co. dropped their price target on Lloyds Banking Group from GBX 85 ($1.11) to GBX 80 ($1.05) and set an “overweight” rating on the stock in a research note on Monday, January 21st. Lloyds Banking Group has a fifty-two week low of GBX 61.81 ($0.81) and a fifty-two week high of GBX 73.58 ($0.96).

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fairfieldcurrent.com
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  • Financial

Saturday, February 09


News

Lloyds Banking Group PLC (NYSE:LYG) Holdings Cut by Fisher Asset Management LLC

LLOY

Fisher Asset Management LLC cut its stake in shares of Lloyds Banking Group PLC (NYSE:LYG) by 99.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. Lloyds Banking Group PLC has a 1-year low of $2.43 and a 1-year high of $4.01. ILLEGAL ACTIVITY WARNING: “[[title]]” was first reported by [[site]] and is the sole property of of [[site]]. If you are reading this article on another site, it was illegally copied and reposted in violation of U.S. and international copyright and trademark legislation. Lloyds Banking Group plc provides banking and financial services under the Lloyds Bank, Halifax, Bank of Scotland, and Scottish Widows brands in the United Kingdom and internationally.

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modernreaders.com
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  • Financial
News

Lloyds Banking Group (LYG) Upgraded by Keefe, Bruyette & Woods to Outperform

LLOY

Lloyds Banking Group (NYSE:LYG) was upgraded by equities research analysts at Keefe, Bruyette & Woods from an “underperform” rating to an “outperform” rating in a research note issued on Thursday, January 24th, MarketBeat Ratings reports. Lloyds Banking Group has a one year low of $2.43 and a one year high of $4.01. Park National Corp OH now owns 31,856 shares of the financial services provider’s stock valued at $82,000 after purchasing an additional 6,201 shares during the last quarter. Lloyds Banking Group plc provides banking and financial services under the Lloyds Bank, Halifax, Bank of Scotland, and Scottish Widows brands in the United Kingdom and internationally.

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modernreaders.com
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Bank closure is body blow to Alcester residents - Stratford Herald

LLOY BARC

BARCLAYS customers in Alcester have been dealt a body blow this week with news the bank giant will close its Alcester High Street branch on Friday 24th May. In a letter sent to customers, Barclays said people are changing the way they bank using online and telephone services and that customer usage continued to fall. The reasoning doesn’t appear to hold weight with some Barclays’ customers in Alcester who this week wrote to the Herald voicing their concern and frustration about the closure which means anyone wanting to do their banking business in the town will either have to go to The Post Office or Lloyds Bank – the only bank left in Alcester. One such letter writer is Patricia Layton who said: “They say the Alcester branch is not viable yet every time I go in there is a queue.”. While Barclays reminds customers its business as usual at branches in Stratford, Redditch and Evesham and at the same time promotes its online options in the letter, this week’s news about Alcester follows a worrying trend of Barclays Bank closures in the district over the last 15 months; Henley, November 2017, Wellesbourne, August 2018 and Warwick, December 2018.

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stratford-herald.com
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  • Financial
  • Science

Friday, February 08


News

What The Market Is Missing About Lloyds Banking Group plc (LYG), Lockheed Martin Corporation (LMT)

LLOY LMT

According to 1 stock analysts, Lloyds Banking Group plc, is being kept at an average Underperform, rating, with at least 0.01% of shares outstanding that are currently legally short sold. With these types of results to display analysts, are more pessimistic than before, leading 0 of analysts who cover Lloyds Banking Group plc (NYSE:LYG) advice their clients to include it in their buy candidate list. However, at the Wall Street, the shares for the company has been tagged a $2.71 price target, indicating that the shares will drop -8.14% from its current levels. Also, a -23.18% overturn in Lloyds Banking Group plc (LYG) witnessed over the past one year demand tendency to limit losses.Lockheed Martin Corporation (NYSE:LMT) Has 9 Buy or Better Ratings. The recent close goes a long way in suggesting that the stock price is being underpriced by a 34.28% compared to the most bullish target.Lockheed Martin Corporation (LMT) Returns 14.62% This Year.

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postanalyst.com
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News

Head To Head Hot StocksNew Residential Investment Corp. (NYSE:NRZ), Lloyds Banking Group Plc (NYSE:LYG)

LLOY

Head To Head Hot StocksNew Residential Investment Corp. (NYSE:NRZ), Lloyds Banking Group Plc (NYSE:LYG). New Residential Investment Corp. (NYSE:NRZ) closed at $16.85 on the last trading session with an decrease of -0.77%, whereas, it previously closed at $16.98. The company traded shares of 3.04 Million on the trading day while its three month average volume stands at 4.58 Million. Earnings per Share growth for this year is reported at 49.5, while the analysts estimated the EPS growth for next year at 0.34% and Earnings growth for next 5 years stands at -5.1% as estimated by the analysts. While Annual EPS Growth rate for past five years as reported by the company is at 32.8%. Some important ratios are also vital to discuss the performance of the company and its shares.

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factsreporter.com
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News

Monday Papers: Government departments need extra £11bn to end austerity

GBPUSD LLOY

Financial Times: Theresa May has offered fresh concessions on workers’ rights and called for further cross-party talks, indicating her willingness to work with Labour to break the Brexit impasse. The Daily Telegraph: Italy is exploring ways - including a bilateral deal between Rome and London - to safeguard financial stability and keep trade with the UK flowing even if there is a no-deal Brexit. Daily Mail: Bailed-out Royal Bank of Scotland, which is still majority-owned by the taxpayer, is set to cut its senior staff's bonus pot for the tenth year in a row; the lender is set to reveal its second consecutive annual profit since the rescue deal. The Times: The vacancy rate at shops across the country has increased over the past year, rising from 8.9% at the start of 2018, to 9.6% in October and 9.9% in January, according to Springboard, a retail analyst.

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citywire.co.uk
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Lloyds plans to hire 700 advisers as it turns fire on wealth sector

LLOY SDR

Lloyds plans to hire more than 700 advisers as it builds on last year’s strategic tie-up with Schroders and hopes to nearly double its private client assets from £13 billion to £25 billion. Speaking to the FT, a person close to the strategic planning said much of the growth would be organic as the bank, the largest on the UK high street, marketed its services to current and corporate account customers. The plans are still being finalised but the joint venture is likely to lean harder on the Schroders name than Lloyds, to increase its appeal both to potential clients and advisers. Antonio Lorenzo (pictured), chief executive of Scottish Widows and group director of insurance and wealth, is to chair the business, while James Rainbow, Schroders' co-head of UK intermediary, will be chief executive.

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citywire.co.uk
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Business interview: Police and Crime Commissioner Anthony Stansfeld

LLOY

Two years ago this month a group of six financiers, including a senior ex-HBOS banker, were jailed for nearly 50 years collectively after being found guilty for their roles in a scam involving £245 million worth of dud loans. As scandals go, this one was in a school and class of its own, and one which saw the longest prison sentences given for fraud in the UK. It was only when Thames Valley Police, led by chief constable, Sara Thornton, now head of the National Police Chiefs’ Council, and Police and Crime Commissioner Anthony Stansfeld got their teeth into it that the investigation, codenamed Operation Hornet, flew. Yet Stansfeld wants more blood spilled: to be precise, the blood of Lloyds Banking Group and its directors, and the City’s regulators, who he claims have failed to acknowledge that the HBOS fraud was on an “industrial scale”. His beef is that Lloyds, which rescued HBOS in 2008 at the height of the financial crash, must take responsibility for the Reading fraud, which he believes it knew about at the time of the takeover and says has concealed for years afterwards. What’s more, he claims the fraud was the tip of the iceberg, and the total amount was closer to £1 billion. Stansfeld says that if the Reading incident had been known about at the time of the HBOS rights issue, it is unlikely that funding would have taken place or that the Lloyds rescue would have gone ahead.

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standard.co.uk
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  • Financial
  • World
News

Glass manufacturer acquires 50,000 sq ft Peterlee plant with £1.3m funding

LLOY

A glass manufacturer based in County Durham is set to grow revenues 30% after acquiring its premises with seven-figure funding. PLG Glass, part of the United Glass Group Ltd, bought its 50,000 sq ft facility in Mill Hill, Peterlee with the help of a £1.3m loan from Lloyds Bank. PLG Glass has created four new jobs since acquiring the site and expects to generate revenues of £4m by 2020, up 30% on its 2018 financial results. United Glass Group Ltd director Mark Harrison said: “When the opportunity arose to buy the premises, we immediately recognised the long-term financial benefit it would deliver, providing the business with the flexibility and long-term security we need to push ahead with our growth plans.

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bdaily.co.uk
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  • Financial