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Analyst Upside Underscores Impressive Growth for Lloyds Banking Group plc (NYSE:LYG)

11 October 2017

Today it is now trading at $3.62 (1.12%), with an average volume 4906, its volume today is 14342448. The company holds 17.83 billion outstanding shares and 10.86 billion shares are floating in market. The company has Relative Strength Index (RSI 14) of 52.41 along with Average True Range (ATR 14) of 0.06. Lloyds Banking Group PLC now has an average rating of Buy and an average target price of GBX 75.02 ($0.99). As stated above, it has an EPS growth projection for the next five years of -11.10%. It represents a security's price that, if achieved, results in a trader recognizing the best possible outcome for his investment. Institutional investors and hedge funds own 1.69% of the company's stock.

Taking a glance at where the stock might be directed in the future, on a consensus basis, the sell-side has a 52 week price target of $2.98 on the stock, this valuation is based on 1 number of opinions. There is no concrete way to calculate a price target. They now have a GBP 75.00p price target on the stock. Lloyds Banking Group PLC has a 52-week low of $2.56 and a 52-week high of $3.87.

In other Lloyds Banking Group PLC news, insider George Culmer bought 101,589 shares of the stock in a transaction that occurred on Monday, September 18th. These ratios are important while doing valuation of the company or the shares of the company. Consensus earnings estimates are far from ideal, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock.

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Let's take a look at how the stock has been performing recently.

The company has mean EPS estimate of 0.37 reported by 1 number of analyst for the quarter ending Current Qtr. Advisor Group Inc. now owns 84,149 shares of the financial services provider's stock valued at $296,000 after purchasing an additional 18,880 shares in the last quarter.

The company is expected to report earnings of $0 a share for the next quarter. Six investment analysts have rated the stock with a sell rating, one has given a hold rating and ten have given a buy rating to the company. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income.

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According to Lloyds Banking Group plc's Insider ownership is at 81.30%. The company reported revenue of $19.84 Billion in the same period a year ago. A certain stock may be considered to be on an uptrend if trading above a moving average and the average is sloping upward. Moving average strategies are also popular and can be tailored to any time frame, suiting both long term investors and short-term traders.

Lloyds Banking Group plc (LYG)'s distance from 200 day simple moving average is 5.68 percent, its distance from 50 day simple moving average is 5.18 percent, while its distance from 20 day simple moving average is 1.93 percent. Beta measures the amount of systematic risk a security has relative to the whole market.

The stock has advanced 40.94% to a low over the previous 12 months and showed declining move -7.49% to a high over the same period. Conversely, if a security's beta is less than 1, it indicates that the security is less volatile than the market. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. Trend analysis is based on historical data about the stock's performance given the overall trends of the market and particular indicators within the market. The stock of Lloyds Banking Group PLC (ADR) (NYSE:LYG) earned "Overweight" rating by JP Morgan on Friday, November 4.

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