Lloyds to downsize branches to only two employees

Lloyds Banking Group PLC

Now let's take a look at how the fundamentals are stacking up for Lloyds Banking Group PLC (LYG). A recent bid puts the equity at $3.24.

Basically, a price target is an individual analyst's projection on the future price of a stock. Lloyds Banking Group PLC now has an average rating of "Hold" and an average price target of $3.50.

The simple moving average is the most common method used to calculate the moving average of prices. Five brokerages rating the company a strong buy, fourteen brokerages rating the company a buy, five brokerages rating the company a hold, two brokerages rating the company a underperform, and finally one brokerage rating the company a sell with a 12-month price target of 69.90GBX. They now have a GBP 1835.00p price target on the stock. Natixis raised shares of Royal Bank of Scotland Group PLC from a "reduce" rating to a "buy" rating in a research note on Friday, March 17th.

The difference of 52 week low value as well as 52 week high value and the current price of the stock suggests the next move of the shares.

LONDON, April 3 The British government has reduced its holding in Lloyds Banking Group PLC to less than 2 percent, putting the lender on track to be in full private ownership within weeks.

The stock grew about 16.45% in the past 5 years, this positive value indicates that the stock constantly performed well in previous years as well. The firm has a market capitalization of $57.15 billion, a P/E ratio of 26.983 and a beta of 1.17. The stock traded with the volume of 4.03 Million shares in the last trading session. The Company has 52-week high of $4.42 and 52-week low of $2.47. The Moving Average SMA50 is -0.52% while SMA200 is 8.83%.

A total of 21 brokerages have issued a ratings update on Lloyds Banking Group PLC.

Along with these its year to date performance is standing at 9.03%.

Last month, RBS and NatWest announced that 158 further branches would close, while HSBC is planning to shut 62 branches this year.

Another key indicator that can help investors determine if a stock might be a quality investment is the Return on Equity or ROE. The average volume of a stock suggests the liquidity of a particular company.

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