Lloyds Banking Group plc ADR (NYSE: LYG) Could Rise Another 28.57%

The trading price of Lloyds Banking Group plc ADR (NYSE:LYG) floating higher at last check on current market day and closing at $3.85, 0.92% higher than its previous close.

Traders who pay close attention to intraday price movement should know that it has been fluctuating between $3.82 and $3.8574. In examining the 52-week price action we see that the stock hit a 52-week high of $3.91 and a 52-week low of $2.42. Over the past month, the stock has gained 13.09% in value.

Lloyds Banking Group plc ADR, whose market valuation is $58.08 billion at the time of this writing, is expected to release its quarterly earnings report in April. The dividend yield on the company stock is 3.86%, while its Forward Dividend ratio is 0.15. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.09 per share this quarter, however they have predicted annual earnings per share of 0.36 for current year and 0.46 for next year.

Analysts have forecast the company to bring in revenue of 4.78B for the current quarter, with the likely lows of 4.78B and highs of 4.78B. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 18.98B.

On the technical side, indicators suggest LYG has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.

Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned LYG a recommendation rating is 3. Out of them, 0 rate it a Hold, while 3 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Lloyds Banking Group plc ADR (LYG) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.

A quick review shows that LYG’s price is currently 3.26% off the SMA20 and 15.19% off the SMA50. The RSI metric on the 14-day chart is currently showing 66.13, and weekly volatility stands at 1.64%. When measured over the past 30 days, the indicator reaches 2.58%. Lloyds Banking Group plc ADR (NYSE:LYG)’s beta value is currently sitting at 0.96, while the Average True Range indicator is currently displaying 0.09. With analysts defining $2.75-$2.75 as the low and high price targets, we arrive at a consensus price target of $2.75 for the trailing 12-month period. The current price is about 28.57% off the estimated low and 28.57% off the forecast high, based on this estimate. Investors will be thrilled if LYG’s share price rises to $2.75, which is the median consensus price. At that level, LYG’s share price would be 28.57% above current price.

To see how Lloyds Banking Group plc ADR stock has been performing today in comparison to its peers in the industry, here are the numbers: LYG stock’s performance was 0.92% at last check in today’s session, and 47.88% in the past year.

An evaluation of the daily trading volume of Lloyds Banking Group plc ADR (NYSE:LYG) indicates that the 3-month average is 26.92 million. However, this figure has increased over the past 10 days to an average of 28.16.

Currently, records show that 15.15 billion of the company’s shares remain outstanding. The insiders hold 0.03% of outstanding shares, whereasinstitutions hold 3.19%. The stats also highlight that short interest as of 2025-02-28, stood at 24.69 million shares, resulting in a short ratio of 0.78 at that time. From this, we can conclude that short interest is 16.00 of the company’s total outstanding shares. It is noteworthy that short shares in February were up slightly from the previous month’s figure, which was 10.28 million. However, since the stock’s price has seen 41.36% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

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