Lloyds Banking Group plc (LON:LLOY) Given Consensus Rating of "Hold" by Analysts

Key Points

• Consensus "Hold": Nine analysts cover Lloyds with an average rating of Hold (1 sell, 3 hold, 5 buy) and an average 12‑month target of GBX 108.22.
• Notable recent analyst moves include JPMorgan cutting its target from GBX 171 to GBX 121 (neutral), Deutsche Bank lowering its target to GBX 125 while keeping a buy, and Barclays raising its target from GBX 100 to GBX 120 (overweight).
• Trading and fundamentals: shares opened at GBX 97.13, market cap £56.84bn, PE 14.08 and a 52‑week range of GBX 69.70–114.60; last quarter EPS was GBX 7 and analysts forecast about 7.32 EPS for the year.

Lloyds Banking Group plc (LON:LLOY - Get Free Report) has received an average rating of "Hold" from the nine analysts that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is GBX 108.22.

Several equities research analysts recently commented on LLOY shares. JPMorgan Chase & Co. dropped their price objective on Lloyds Banking Group from GBX 171 to GBX 121 and set a "neutral" rating on the stock in a research report on Monday, April 13th. Shore Capital Group reissued a "sell" rating on shares of Lloyds Banking Group in a research report on Thursday, April 2nd. UBS Group reiterated a "neutral" rating and issued a GBX 103 price target on shares of Lloyds Banking Group in a research report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft lowered their price target on Lloyds Banking Group to GBX 125 and set a "buy" rating on the stock in a report on Tuesday, February 3rd. Finally, Barclays increased their target price on Lloyds Banking Group from GBX 100 to GBX 120 and gave the company an "overweight" rating in a research report on Wednesday, January 7th.

Lloyds Banking Group Stock Down 0.4%

Shares of Lloyds Banking Group stock opened at GBX 97.13 on Tuesday. The company has a market cap of £56.84 billion, a PE ratio of 14.08, a P/E/G ratio of 1.84 and a beta of 0.94. The business has a 50 day moving average of GBX 98.44 and a 200 day moving average of GBX 96.80. Lloyds Banking Group has a 52 week low of GBX 69.70 and a 52 week high of GBX 114.60.

Lloyds Banking Group (LON:LLOY - Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The financial services provider reported GBX 7 earnings per share (EPS) for the quarter. Lloyds Banking Group had a return on equity of 9.93% and a net margin of 24.49%. On average, research analysts anticipate that Lloyds Banking Group will post 7.3199528 earnings per share for the current year.

Lloyds Banking Group Company Profile

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.

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