Lloyds Banking Group plc ADR [NYSE: LYG] stock went on a downward path that fall over -2.30% on Tuesday, amounting to a one-week price increase of more than 2.05%.
Over the last 12 months, LYG stock rose by 41.23%. The one-year Lloyds Banking Group plc ADR stock forecast points to a potential upside of 5.99. The average equity rating for LYG stock is currently 2.61, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $46.08 billion, with 15.88 billion shares outstanding and 15.46 billion shares in the current float. Compared to the average trading volume of 9.58M shares, LYG stock reached a trading volume of 8171704 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 2.61. 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.
Citigroup have made an estimate for Lloyds Banking Group plc ADR shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 05, 2024. The new note on the price target was released on July 26, 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 1.45. The Price to Book ratio for the last quarter was 0.94.
LYG Stock Performance Analysis:
Lloyds Banking Group plc ADR [LYG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.05. With this latest performance, LYG shares dropped by -1.00% in over the last four-week period, additionally plugging by 37.33% over the last 6 months – not to mention a rise of 41.23% 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 54.01, with the RSI for the last a single of trading hit 54.89, and the three-weeks RSI is set at 54.04 for Lloyds Banking Group plc ADR [LYG]. The present Moving Average for the last 50 days of trading for this stock 2.90, while it was recorded at 2.99 for the last single week of trading, and 2.52 for the last 200 days.
Insight into Lloyds Banking Group plc ADR Fundamentals:
Lloyds Banking Group plc ADR’s liquidity data is similarly interesting compelling, with a Current Ratio set at 2.95.
LYG Stock EPS
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] Institutonal Ownership Details
There are presently around $2.45%, or 2.45%% of LYG stock, in the hands of institutional investors. The top three institutional holders of LYG stocks are: MONDRIAN INVESTMENT PARTNERS LTD with ownership of 89.95 million shares, which is approximately 0.1408%. GOLDMAN SACHS GROUP INC, holding 22.19 million shares of the stock with an approximate value of $$57.48 million in LYG stocks shares; and GOLDMAN SACHS GROUP INC, currently with $$52.65 million in LYG stock with ownership which is approximately 0.0318%.
