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Jefferies Reaffirms Their Buy Rating on Lloyds Banking (LLOY)

Tipranks - Tipranks - Thu Apr 30, 1:16PM CDT

In a report released today, Jonathan Pierce from Jefferies reiterated a Buy rating on Lloyds Banking, with a price target of p125.00.

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According to TipRanks, Pierce is ranked #993 out of 12163 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lloyds Banking with a p117.42 average price target.

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Based on Lloyds Banking’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p4.77 billion and a net profit of p1.4 billion. In comparison, last year the company earned a revenue of p24.14 billion and had a net profit of p644 million

Based on the recent corporate insider activity of 106 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LLOY in relation to earlier this year.

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