Lloyds Banking Group (LYG) Receiving Favorable Media Coverage, Study Shows
News coverage about Lloyds Banking Group (NYSE:LYG) has been trending positive this week, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than 6,000 blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lloyds Banking Group earned a daily sentiment score of 2.10 on their scale. InfoTrie also gave media coverage about the financial services provider an news buzz score of 10 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock’s share price in the next few days.
These are some of the media stories that may have effected Lloyds Banking Group’s score:
- Buy This And Sleep Well At Night:: Lloyds Banking Group plc, (NYSE: LYG) (nysenasdaqnews.com)
- Stock with Surprising Moves in Wall Street: Lloyds Banking Group Plc (LYG) (emnnews.com)
- FTSE 100 ends higher, boosted by banks (marketwatch.com)
- Lloyds Banking Group PLC ADR (NYSE:LYG) To Slash Its Workforce (financialstrend.com)
- Form 6-K Lloyds Banking Group For: Nov 08 (streetinsider.com)
LYG has been the subject of several research analyst reports. JPMorgan Chase & Co. restated a “buy” rating on shares of Lloyds Banking Group in a research note on Tuesday, September 4th. Zacks Investment Research upgraded Lloyds Banking Group from a “sell” rating to a “hold” rating in a research note on Tuesday, September 4th. Jefferies Financial Group restated a “buy” rating on shares of Lloyds Banking Group in a research note on Tuesday, August 14th. Citigroup upgraded Lloyds Banking Group from a “sell” rating to a “neutral” rating in a research note on Thursday, August 2nd. Finally, Berenberg Bank upgraded Lloyds Banking Group from a “sell” rating to a “hold” rating in a research note on Tuesday, September 4th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $4.25.
About Lloyds Banking Group
Lloyds Banking Group plc provides banking and financial services under the Lloyds Bank, Halifax, Bank of Scotland, and Scottish Widows brands in the United Kingdom and internationally. The company operates through three segments: Retail, Commercial Banking, and Insurance and Wealth. The Retail segment offers a range of financial service products, including current accounts, savings accounts, mortgages, motor finance, and unsecured consumer lending products to personal and small business customers.
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