LYG — Lloyds Banking Group Plc American Depositary Shares
Session close: $5.09. Regular-session share volume: 29,893,474. Change from previous close: -1.74%.
Key developments
Fitch Ratings affirmed Lloyds Banking Group's credit rating, citing the bank's robust business profile and sustained profitability. Separately, Lloyds' monthly house price index showed UK property prices falling at the fastest annual pace in three years, attributed to renewed inflationary pressures and high borrowing costs, though management expects affordability to improve as wage growth outpaces prices.
Company news Fitch Affirms Lloyds Banking Group Rating · Company news Lloyds Banking Group Releases October House Price Index
Bank of America revised its outlook for Lloyds following third-quarter results, adjusting forecasts and lowering its price objective for the shares.
Company news BofA Adjusts Lloyds Banking Group Forecasts Following Q3 Earnings
News sources
Company news Fitch Affirms Lloyds Banking Group Rating · Company news Lloyds Banking Group Releases October House Price Index · Company news BofA Adjusts Lloyds Banking Group Forecasts Following Q3 Earnings