Lloyds Banking Group (LON:LLOY) Price Target Raised to GBX 117

Lloyds Banking Group (LON:LLOY) had its target price increased by JPMorgan Chase & Co. from GBX 102 to GBX 117 in a research note released on Tuesday morning, Marketbeat reports. They currently have a neutral rating on the financial services provider’s stock.

Other equities analysts have also recently issued research reports about the stock. Shore Capital restated a “hold” rating and issued a GBX 84 price objective on shares of Lloyds Banking Group in a research note on Wednesday, November 19th. Keefe, Bruyette & Woods reissued an “outperform” rating and issued a GBX 93 price target on shares of Lloyds Banking Group in a research report on Friday, October 10th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 105 price objective on shares of Lloyds Banking Group in a report on Tuesday, October 28th. Citigroup upped their price objective on Lloyds Banking Group from GBX 84 to GBX 97 and gave the company a “neutral” rating in a research note on Monday, December 1st. Finally, Royal Bank Of Canada raised their target price on Lloyds Banking Group from GBX 100 to GBX 110 and gave the stock an “outperform” rating in a research report on Tuesday, October 28th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 103.71.

Lloyds Banking Group Trading Up 1.5%

Shares of LLOY stock opened at GBX 102.95 on Tuesday. Lloyds Banking Group has a 12 month low of GBX 60.30 and a 12 month high of GBX 103.55. The company has a market capitalization of £60.49 billion, a P/E ratio of 18.06, a P/E/G ratio of 1.84 and a beta of 1.23. The stock has a 50 day moving average of GBX 96.53 and a two-hundred day moving average of GBX 87.53.

Lloyds Banking Group (LON:LLOY) last released its quarterly earnings data on Thursday, December 11th. The financial services provider reported GBX 6.30 earnings per share (EPS) for the quarter. Lloyds Banking Group had a return on equity of 11.22% and a net margin of 16.66%. Sell-side analysts predict that Lloyds Banking Group will post 7.3199528 earnings per share for the current fiscal year.

Trending Headlines about Lloyds Banking Group

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

• Positive Sentiment: Lloyds will train its entire workforce in AI, a large-scale upskilling push that could lift productivity, speed digital transformation and reduce operating costs over time. Lloyds to train entire workforce in AI
• Positive Sentiment: The bank has scaled up its targets for AI value creation, signalling management expects material revenue or cost benefits from AI investments — a positive for medium-term margins and return-on-capital. Lloyds scales up targets for AI value creation
• Positive Sentiment: A new AI literacy initiative boosts employee AI skills and governance, lowering execution risk for AI projects and supporting faster rollouts across products and operations. Lloyds Banking Group Aims to Boost AI Literacy with New Initiative
• Positive Sentiment: JPMorgan raised its price target to GBX 117, which can attract investor buying and provides an external validation of earnings/upside expectations. JPMorgan Chase & Co. Raises Lloyds Banking Group Price Target
• Positive Sentiment: Market commentary and a Seeking Alpha piece highlight a rating upgrade and the stock topping £1 again, reinforcing momentum narratives among retail and some institutional buyers. Lloyds Banking Group: Finally Above A Pound Again! (Rating Upgrade)
• Neutral Sentiment: Lloyds will redeem €500m of senior floating‑rate notes one year early after exercising its call — reduces reported debt and interest exposure but uses cash; balance-sheet/LCY impacts should be monitored. Lloyds Banking Group to Redeem €500m Senior Floating-Rate Notes One Year Early
• Neutral Sentiment: CEO public comments urging rate cuts to support the economy, alongside data on faster job cuts, are macro signals — they can influence investor expectations about credit demand and loan-loss dynamics but are mixed in directional impact. Cut rates now to boost economy, says Lloyds boss
• Neutral Sentiment: Note: an update from Lloyds Metals & Energy (LLOYDSME) clarifying a USD 90.8m structure is unrelated to Lloyds Banking Group (LLOY); does not affect the bank’s fundamentals. Lloyds Metals & Energy Clarifies USD 90.8 Million Nexus Holdco Investment Structure
• Negative Sentiment: Local branch closures (Penzance/Cornwall) and historic branch shutdowns are negative for footprint and customer convenience; limited near-term financial impact but they feed into the long-term branch rationalisation narrative. Penzance Lloyds Bank closing in Cornwall January 21 Historic branch of Lloyds closes its doors

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.