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Lloyds Banking Group (LYG) Stock Forecast & Price Target

$3.03
+0.02 (+0.66%)
(As of 07/16/2024 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

Based on 5 Wall Street analysts who have issued ratings for Lloyds Banking Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 5 analysts, 1 has given a hold rating, and 4 have given a buy rating for LYG.

Consensus Price Target

$2.75
-9.24% Downside
High Forecast$2.75
Average Forecast$2.75
Low Forecast$2.75

According to the 5 analysts' twelve-month price targets for Lloyds Banking Group, the average price target is $2.75. The highest price target for LYG is $2.75, while the lowest price target for LYG is $2.75. The average price target represents a forecasted downside of -9.24% from the current price of $3.03.

TypeCurrent Forecast
7/18/23 to 7/17/24
1 Month Ago
6/18/23 to 6/17/24
3 Months Ago
4/19/23 to 4/18/24
1 Year Ago
7/18/22 to 7/18/23
Consensus Rating
Moderate Buy
Hold
Hold
Reduce
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
1 Buy rating(s)
Hold
1 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$2.75$2.75N/AN/A
Forecasted Upside-9.24% Downside8.06% UpsideN/AN/A
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LYG 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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LYG 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 GroupFinance CompaniesS&P 500
Consensus Rating Score
2.80
2.45
2.50
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside-9.24% Downside50.12% Upside7.53% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/5/2024BNP Paribas
3 of 5 stars
G. Stebbings
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UpgradeNeutral ➝ Outperform
5/9/2024Deutsche Bank Aktiengesellschaft
2 of 5 stars
 Initiated CoverageBuy
4/25/2024Berenberg Bank
2 of 5 stars
 Initiated CoverageHold$2.75+8.05%
3/21/2024Bank of America
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 UpgradeNeutral ➝ Buy
11/28/2023Morgan Stanley
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 UpgradeEqual Weight ➝ Overweight
7/27/2023Royal Bank of Canada
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 Lower TargetGBX 70 ➝ GBX 68
7/3/2023Barclays
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 Lower TargetGBX 75 ➝ GBX 70
6/26/2023JPMorgan Chase & Co.
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 DowngradeOverweight ➝ Neutral
5/4/2023Credit Suisse Group
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 Lower TargetGBX 70 ➝ GBX 69
10/19/2022Keefe, Bruyette & Woods
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 DowngradeOutperform ➝ Underperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 09:07 AM ET.

LYG Forecast - Frequently Asked Questions

What is Lloyds Banking Group's forecast for 2024?

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Lloyds Banking Group is $2.75, with a high forecast of $2.75 and a low forecast of $2.75.

Should I buy or sell Lloyds Banking Group stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lloyds Banking Group in the last year. There is currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LYG shares.

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

According to analysts, Lloyds Banking Group's stock has a predicted upside of 8.06% based on their 12-month stock forecasts.

Has Lloyds Banking Group been upgraded by Wall Street analysts recently?

Over the previous 90 days, Lloyds Banking Group's stock had 1 upgrade by analysts.

What analysts cover Lloyds Banking Group?

Lloyds Banking Group has been rated by research analysts at Berenberg Bank, BNP Paribas, and Deutsche Bank Aktiengesellschaft in the past 90 days.

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

Analysts like Lloyds Banking Group more than other "finance" companies. The consensus rating for Lloyds Banking Group is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how LYG compares to other companies.


This page (NYSE:LYG) was last updated on 7/17/2024 by MarketBeat.com Staff

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