Shore Capital Group Reiterates “Sell” Rating for Lloyds Banking Group (LON:LLOY)

Lloyds Banking Group (LON:LLOY)‘s stock had its “sell” rating reiterated by investment analysts at Shore Capital Group in a research report issued on Thursday,Digital Look reports.

Other equities research analysts also recently issued reports about the company. UBS Group reissued a “neutral” rating and issued a GBX 103 price objective on shares of Lloyds Banking Group in a report on Friday, January 23rd. JPMorgan Chase & Co. decreased their price objective on Lloyds Banking Group from GBX 171 to GBX 121 and set a “neutral” rating for the company in a report on Monday, April 13th. Barclays upped their price target on Lloyds Banking Group from GBX 100 to GBX 120 and gave the stock an “overweight” rating in a research note on Wednesday, January 7th. Jefferies Financial Group restated a “buy” rating and set a GBX 125 price target on shares of Lloyds Banking Group in a research note on Wednesday. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 120 price objective on shares of Lloyds Banking Group in a research report on Thursday. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of GBX 113.44.

Lloyds Banking Group Stock Up 1.8%

LLOY traded up GBX 1.70 on Thursday, reaching GBX 98.75. The company’s stock had a trading volume of 907,842,500 shares, compared to its average volume of 205,767,094. The stock has a 50 day moving average of GBX 98.23 and a two-hundred day moving average of GBX 96.92. The company has a market capitalization of £57.79 billion, a price-to-earnings ratio of 14.31, a P/E/G ratio of 1.84 and a beta of 0.94. Lloyds Banking Group has a fifty-two week low of GBX 69.70 and a fifty-two week high of GBX 114.60.

Lloyds Banking Group (LON:LLOY) last announced its quarterly earnings results on Thursday, April 30th. The financial services provider reported GBX 2.40 earnings per share (EPS) for the quarter. The firm had revenue of GBX 478.50 billion during the quarter. Lloyds Banking Group had a return on equity of 9.93% and a net margin of 24.49%. As a group, analysts anticipate that Lloyds Banking Group will post 7.3199528 earnings per share for the current fiscal year.

Lloyds Banking Group News Summary

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

• Positive Sentiment: Q1 results beat and guidance reiterated — Lloyds reported GBX 2.40 EPS for the quarter, revenue of GBX 478.5bn, a 33% jump in quarterly earnings and reaffirmed 2026 guidance, supporting earnings visibility. Lloyds Profit Beats as UK Lender Reiterates Guidance for 2026
• Positive Sentiment: Broker upgrades and higher targets — Citigroup raised its price target to GBX 123 with a Buy rating, and Jefferies reaffirmed a Buy with a GBX 125 target; such upgrades can attract inflows and validate upside. Broker Views (Digital Look / LSE)
• Positive Sentiment: Share buybacks / cancellations continue — Lloyds repurchased and cancelled sizable tranches (31.15m cancelled on 29 Apr; 12.14m cancelled on 28 Apr), shrinking share count and supporting EPS. Lloyds Cancels 31 Million Shares (TipRanks)
• Neutral Sentiment: Retail bond issuance — Lloyds launched a £1.4bn retail bond offer, a funding/market move that is neutral for equity value but signals access to retail funding and possible balance‑sheet optimization. Lloyds Bank in landmark £1.4bn retail bonds offer
• Negative Sentiment: Macroeconomic / war‑related warning — Management flagged that the war is hurting the UK economic outlook; investors may discount forward growth and credit risk, which tempers upside from the beat. Lloyds earnings jump by a third but UK economic outlook worsens
• Negative Sentiment: Customer service glitch affecting ~500k customers — a systems incident that exposed transactions raises regulatory, remediation and reputational risk. That could lead to costs or fines. More than 500,000 Lloyds and Halifax customers may have been affected by glitch
• Negative Sentiment: Reputational/media scrutiny — coverage alleging controversial profit sources and calls for industry tax action add political and PR risk that could influence investor sentiment. Mirror: First BP, now staggering amount Lloyds and other big banks profit from Iran war

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.