Shares of Lloyds Banking Group Plc American Depositary Share...| MENAFN.COM

Sunday, 16 January 2022 11:08 GMT

Shares of Lloyds Banking Group Plc American Depositary Shares (LYG) Rise to a New 52-Week High

(MENAFN- Investor Brand Network)

Lloyds Banking Group Plc American Depositary Shares (NYSE:LYG) traded today at a new 52-week high of $2.98. So far today approximately 3.5 million shares have been exchanged, as compared to an average 30-day volume of 7.4 million shares.

In the past 52 weeks, Lloyds Banking Group Plc American Depositary Shares share prices are bracketed by a low of $1.74 and a high of $2.98 and is now at $2.98, 71% above that low price.

Lloyds Banking Group Plc American Depositary Shares (NYSE:LYG) defies analysts with a current price ($2.98) 81.2% above its average consensus price target of $0.56.

Lloyds is a retail and commercial bank headquartered in the United Kingdom. The bank operates via three business segments: retail, commercial banking, and insurance and wealth. In retail, Lloyds offers primarily mortgages (66% of loan portfolio), credit cards, and current accounts to its customers. Its commercial banking operation provides lending, transaction banking, working capital management, and debt capital market services to large corporates and financial institutions in the U.K. Insurance and wealth rounds out the product lineup with life and property insurance as well as pension solutions and high-net-worth asset-management services.

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