Is Lloyds Banking Group plc ADR (NYSE:LYG) being unfairly punished by investors?

In yesterday’s Wall Street session, Lloyds Banking Group plc ADR (NYSE:LYG) shares traded at $2.02, down -0.49% from the previous session.

18 analysts cover Lloyds Banking Group plc ADR (NYSE:LYG), according to research data. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $3.89 and a low of $1.94, we find $2.81. Given the previous closing price of $2.03, this indicates a potential upside of 38.42 percent. LYG stock price is now -1.76% away from the 50-day moving average and -10.28% away from the 200-day moving average. The market capitalization of the company currently stands at $31.92B.

The stock has received a hold rating from 6 analysts and a buy rating from 7. Brokers who have rated the stock have averaged $2.77 as their price target over the next twelve months.

A total of 0.03% of the company’s stock is owned by insiders.

During the past 12 months, Lloyds Banking Group plc ADR has had a low of $1.88 and a high of $2.63. The fifty day moving average price for LYG is $2.0562 and a two-hundred day moving average price translates $2.2515 for the stock.

The latest earnings results from Lloyds Banking Group plc ADR (NYSE: LYG) was released for Sep, 2023. The net profit margin was 22.57% and return on equity was 12.67% for LYG.

Lloyds Banking Group plc ADR(LYG) Company Profile

Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom. It operates through three segments: Retail; Commercial Banking; and Insurance, Pensions, and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal and small business customers. The Commercial Banking segment provides lending, transactional banking, working capital management, risk management, and debt financing services to small and medium-sized entities, corporates, and institutions. The Insurance, Pensions, and Investments segment offers insurance, investment, and pension management products and services. It also provides digital banking services. The company offers its products and services under the Lloyds Bank, Halifax, Bank of Scotland, and Scottish Widows brands. Lloyds Banking Group plc was founded in 1695 and is based in London, the United Kingdom.

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