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Lloyds Banking Group PLC (LYG) Receives Consensus Recommendation of “Hold” from Brokerages – PressOracle

Shares of Lloyds Banking Group PLC (NYSE:LYG) have been given an average recommendation of “Hold” by the fourteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating on the company. Bank of New York Mellon Corp now owns 1,053,214 shares of the financial services provider’s stock worth $3,507,000 after purchasing an additional 47,521 shares in 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.

First found on: pressoracle.com