RBC Capital Mkts lifts Lloyds Banking Group plc ADR [LYG] price estimate. Who else is bullish?

Lloyds Banking Group plc ADR [NYSE: LYG] closed the trading session at $2.85.

The stocks have a year to date performance of 19.25 percent and weekly performance of -7.77 percent. The stock has been moved at 32.56 percent over the last six months. The stock has performed 0.71 percent around the most recent 30 days and changed 10.47 percent over the most recent 3-months.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

If compared to the average trading volume of 9.34M shares, LYG reached to a volume of 14257886 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Lloyds Banking Group plc ADR [LYG]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LYG shares is $3.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LYG stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

RBC Capital Mkts have made an estimate for Lloyds Banking Group plc ADR shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on July 26, 2024. The new note on the price target was released on July 05, 2024, representing the official price target for Lloyds Banking Group plc ADR stock.

The Average True Range (ATR) for Lloyds Banking Group plc ADR is set at 0.07, with the Price to Sales ratio for LYG stock in the period of the last 12 months amounting to 1.39. The Price to Book ratio for the last quarter was 0.90.

LYG stock trade performance evaluation

Lloyds Banking Group plc ADR [LYG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.77. With this latest performance, LYG shares gained by 0.71% in over the last four-week period, additionally plugging by 32.56% over the last 6 months – not to mention a rise of 31.34% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LYG stock in for the last two-week period is set at 40.47, with the RSI for the last a single of trading hit 32.01, and the three-weeks RSI is set at 45.67 for Lloyds Banking Group plc ADR [LYG]. The present Moving Average for the last 50 days of trading for this stock 2.87, while it was recorded at 2.97 for the last single week of trading, and 2.46 for the last 200 days.

Lloyds Banking Group plc ADR [LYG]: An insightful look at the core fundamentals

Lloyds Banking Group plc ADR’s liquidity data is similarly interesting compelling, with a Current Ratio set at 2.95.

Earnings per share (EPS) analysis for Lloyds Banking Group plc ADR [LYG] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LYG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lloyds Banking Group plc ADR go to -10.30%.

Lloyds Banking Group plc ADR [LYG]: Institutional Ownership

The top three institutional holders of LYG stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in LYG stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in LYG stock with ownership which is approximately 5.1238%.

Most Popular