Shore Capital Keeps Their Hold Rating on Lloyds Banking (LLOY)

In a report released today, from Shore Capital reiterated a Hold rating on Lloyds Banking, with a price target of p84.00.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lloyds Banking with a p96.55 average price target.

Based on Lloyds Banking’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p13.89 billion and a net profit of p1.39 billion. In comparison, last year the company earned a revenue of p14.2 billion and had a net profit of p1.21 billion

Based on the recent corporate insider activity of 115 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.