At the time of writing, Lloyds Banking Group plc ADR [LYG] stock is trading at $2.85, up 0.71%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LYG shares have gain 10.47% over the last week, with a monthly amount glided 2.89%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Lloyds Banking Group plc ADR [NYSE: LYG] stock has seen the most recent analyst activity on October 30, 2024, when Morgan Stanley downgraded its rating to a Equal-Weight. On September 05, 2024, Kepler initiated with a Hold rating. Citigroup downgraded its rating to a Neutral. RBC Capital Mkts downgraded its rating to a Sector Perform. Exane BNP Paribas upgraded its rating to Outperform for this stock on July 05, 2024. In a note dated May 09, 2024, Deutsche Bank initiated an Buy rating.
For the past year, the stock price of Lloyds Banking Group plc ADR fluctuated between $2.00 and $3.24. Currently, Wall Street analysts expect the stock to reach $2.75 within the next 12 months. Lloyds Banking Group plc ADR [NYSE: LYG] shares were valued at $2.85 at the most recent close of the market. An investor can expect a potential drop of -3.51% based on the average LYG price forecast.
Analyzing the LYG fundamentals
According to Lloyds Banking Group plc ADR [NYSE:LYG], the company’s sales were 35.67B for trailing twelve months, which represents an 82.22% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.11 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.92.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.83 points at the first support level, and at 2.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.88, and for the 2nd resistance point, it is at 2.91.
Ratios To Look Out For
It is important to note that Lloyds Banking Group plc ADR [NYSE:LYG] has a current ratio of 2.62. Considering the valuation of this stock, the price to sales ratio is 1.21, the price to book ratio is 0.81.
