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Positive Report for Lloyds Banking (LLOY) from UBS

Tipranks - Tipranks - Fri May 1, 3:56AM CDT

Lloyds Banking received a Buy rating and an p115.00 price target from UBS analyst Jason Napier today.

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Napier covers the Financial sector, focusing on stocks such as NatWest Group, HSBC Holdings, and Barclays. According to TipRanks, Napier has an average return of 22.0% and a 66.12% success rate on recommended stocks.

Currently, the analyst consensus on Lloyds Banking is a Moderate Buy with an average price target of p122.50.

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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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