Lloyds Banking Group plc (LON:LLOY) Insider Buys £181,330.68 in Stock

Lloyds Banking Group plc (LON:LLOY) insider Charlie Nunn bought 238,593 shares of the company’s stock in a transaction that occurred on Friday, June 20th. The stock was acquired at an average price of GBX 76 ($1.04) per share, with a total value of £181,330.68 ($247,753.35).

Lloyds Banking Group Trading Down 0.8%

Lloyds Banking Group stock opened at GBX 76.02 ($1.04) on Thursday. The firm has a market capitalization of £46.10 billion, a P/E ratio of 9.62, a PEG ratio of 1.84 and a beta of 1.23. The stock has a fifty day moving average price of GBX 74.86 and a 200 day moving average price of GBX 67.27. Lloyds Banking Group plc has a 52 week low of GBX 52.44 ($0.72) and a 52 week high of GBX 79.19 ($1.08).

Lloyds Banking Group (LON:LLOY) last announced its quarterly earnings results on Friday, May 2nd. The financial services provider reported GBX 1.70 ($0.02) EPS for the quarter. Lloyds Banking Group had a return on equity of 11.22% and a net margin of 16.66%. As a group, equities analysts predict that Lloyds Banking Group plc will post 7.3199528 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently commented on LLOY. Citigroup upped their target price on Lloyds Banking Group from GBX 61 ($0.83) to GBX 71 ($0.97) and gave the company a “buy” rating in a research note on Thursday, March 6th. JPMorgan Chase & Co. upped their target price on Lloyds Banking Group from GBX 62 ($0.85) to GBX 71 ($0.97) and gave the company an “underweight” rating in a research note on Tuesday, March 25th. Finally, Shore Capital reiterated a “hold” rating on shares of Lloyds Banking Group in a research note on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of GBX 64.25 ($0.88).

Lloyds Banking Group Company Profile

We are the largest UK retail and commercial financial services provider with over 25 million customers and a presence in nearly every community.

The Group’s main business activities are retail and commercial banking, general insurance and long-term savings, provided through the largest branch network and digital bank in the UK, with well recognised brands including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows.

Our shares are quoted on the London and New York stock exchanges and we are one of the largest companies in the FTSE 100 index.