Brokerages Set Lloyds Banking Group plc (LON:LLOY) Price Target at GBX 107.78

Lloyds Banking Group plc (LON:LLOY) has received an average rating of “Hold” from the nine research firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 107.78.

A number of equities analysts have recently weighed in on LLOY shares. Barclays boosted their price objective on shares of Lloyds Banking Group from GBX 100 to GBX 120 and gave the company an “overweight” rating in a research report on Wednesday, January 7th. Citigroup lifted their target price on shares of Lloyds Banking Group from GBX 98 to GBX 106 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Shore Capital Group lowered Lloyds Banking Group to a “sell” rating and increased their price target for the stock from GBX 84 to GBX 91 in a research note on Monday, February 2nd. Jefferies Financial Group restated a “buy” rating and set a GBX 105 price objective on shares of Lloyds Banking Group in a report on Tuesday, October 28th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Lloyds Banking Group to GBX 125 and set a “buy” rating for the company in a research note on Tuesday, February 3rd.

Trending Headlines about Lloyds Banking Group

Here are the key news stories impacting Lloyds Banking Group this week:

• Positive Sentiment: Lloyds confirmed it has cancelled 10 million ordinary shares as part of its ongoing buyback, cutting the share count and providing modest EPS accretion and support for the stock’s valuation. Share Cancellation Announcement
• Positive Sentiment: Lloyds has an API integration with Legal & General’s Ignite platform — a commercial partnership that may expand distribution of digital products and services, supporting fee income growth and digital strategy credibility. L&G Ignite Integration
• Neutral Sentiment: The group filed its 2025 Annual Report & Accounts and Form 20-F with the U.S. SEC for the year ended 31 December — standard regulatory/ disclosure items that increase transparency but contain no fresh operational surprise. Investors should read the report for details on capital, impairments and guidance. Form 20-F / Annual Report
• Negative Sentiment: Lloyds announced a major branch reduction programme (reported as ~95 branch closures this year and further local closures), prompting concerns about near-term revenue loss, customer disruption and reputational damage even as it lowers operating costs long term. Coverage lists multiple regional closures (Sussex, Lancashire, Yorkshire, South Wales, etc.), which may weigh on sentiment and local business volumes. Branch Closure Coverage

Lloyds Banking Group Price Performance

Lloyds Banking Group stock opened at GBX 100.40 on Thursday. Lloyds Banking Group has a 1-year low of GBX 60.78 and a 1-year high of GBX 114.60. The stock has a market cap of £59.10 billion, a PE ratio of 14.55, a P/E/G ratio of 1.84 and a beta of 1.23. The stock’s fifty day moving average is GBX 101.01 and its two-hundred day moving average is GBX 90.88.

Lloyds Banking Group (LON:LLOY) last posted its quarterly earnings data on Thursday, January 29th. The financial services provider reported GBX 7 EPS for the quarter. Lloyds Banking Group had a return on equity of 11.22% and a net margin of 16.66%. On average, research analysts expect that Lloyds Banking Group will post 7.3199528 earnings per share for the current fiscal year.

About Lloyds Banking Group

We are the largest UK retail and commercial financial services provider with over 25 million customers and a presence in nearly every community.

The Group’s main business activities are retail and commercial banking, general insurance and long-term savings, provided through the largest branch network and digital bank in the UK, with well recognised brands including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows.

Our shares are quoted on the London and New York stock exchanges and we are one of the largest companies in the FTSE 100 index.