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Lloyds Banking Group (LYG) Upgraded at Zacks Investment Research – Fairfield Current

Zacks Investment Research upgraded shares of Lloyds Banking Group (NYSE:LYG) from a sell rating to a hold rating in a research note issued to investors on Thursday. According to Zacks, “Lloyds Banking Group plc, formerly Lloyds TSB Group plc, is a United Kingdom-based financial services company, whose businesses provide a range of banking and financial services in the United Kingdom and a limited number of locations overseas. The company currently has a consensus rating of Hold and an average target price of $4.25. Mondrian Investment Partners LTD now owns 16,884,206 shares of the financial services provider’s stock valued at $51,328,000 after purchasing an additional 1,308,000 shares during the period.

First found on: www.fairfieldcurrent.com