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Lloyds Banking Group (LLOY) Stock Forecast & Price Target

GBX 55.58
+0.78 (+1.42%)
(As of 05/28/2024 ET)

Lloyds Banking Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 9 Analyst Ratings

Consensus Price Target

GBX 55.33
High ForecastGBX 65
Average ForecastGBX 55.33
Low ForecastGBX 45
TypeCurrent Forecast
5/29/23 to 5/28/24
1 Month Ago
4/29/23 to 4/28/24
3 Months Ago
2/28/23 to 2/28/24
1 Year Ago
5/29/22 to 5/29/23
Consensus Rating
Hold
Hold
Moderate Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
6 Buy rating(s)
7 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetGBX 55.33GBX 55.33GBX 57.17GBX 68.88

LLOY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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LLOY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Lloyds Banking Group Stock vs. The Competition

TypeLloyds Banking GroupFinancial Services Companies
Consensus Rating Score
2.44
2.48
Consensus RatingHoldHold
News Sentiment RatingPositive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/24/2024Shore Capital
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 Reiterated RatingBuy
4/19/2024Peel Hunt
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 Initiated CoverageHoldGBX 55+9.08%
4/9/2024JPMorgan Chase & Co.
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 Boost TargetUnderweightGBX 41 ➝ GBX 45-15.92%
2/22/2024Berenberg Bank
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 Boost TargetHoldGBX 55 ➝ GBX 58+27.47%
2/16/2024Jefferies Financial Group
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 Reiterated RatingBuyGBX 59+38.50%
2/12/2024Keefe, Bruyette & Woods
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 UpgradeMarket PerformGBX 50+19.93%
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11/28/2023Morgan Stanley
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 UpgradeOverweight
11/17/2023Barclays
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 Lower TargetOverweightGBX 67 ➝ GBX 65+50.74%
10/16/2023Citigroup
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 Reiterated RatingBuy
4/12/2023Royal Bank of Canada
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 Reiterated RatingOutperformGBX 70+40.44%
2/7/2023Credit Suisse Group
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 Reiterated RatingTop Pick
2/2/2023The Goldman Sachs Group
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 Reiterated RatingBuy
10/28/2022Deutsche Bank Aktiengesellschaft
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 Reiterated RatingBuyGBX 64+52.56%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 07:13 PM ET.

LLOY Frequently Asked Questions

What is Lloyds Banking Group's stock forecast and purchase recommendation?

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Lloyds Banking Group is GBX 55.33, with a high forecast of GBX 65 and a low forecast of GBX 45. The consensus rating for Lloyds Banking Group stock is Hold based on the current 1 sell rating, 3 hold ratings and 5 buy ratings for LLOY. Learn more on LLOY's analyst rating history.

Do Wall Street analysts like Lloyds Banking Group more than its competitors?

Analysts like Lloyds Banking Group less than other "financial services" companies. The consensus rating score for Lloyds Banking Group is 2.44 while the average consensus rating score for "financial services" companies is 2.48. Learn more on how LLOY compares to other companies.

Does Lloyds Banking Group's stock price have much upside?

According to analysts, Lloyds Banking Group's stock has a predicted upside of 19.92% based on their 12-month stock forecasts.

What analysts cover Lloyds Banking Group?

Lloyds Banking Group has been rated by research analysts at JPMorgan Chase & Co., Peel Hunt, and Shore Capital in the past 90 days.


Stock Forecasts and Research Tools

This page (LON:LLOY) was last updated on 5/28/2024 by MarketBeat.com Staff

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