Lloyds Banking Group (LON:LLOY) Given Buy Rating at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Lloyds Banking Group (LON:LLOY) in a research note released on Wednesday, MarketBeat reports. They currently have a GBX 125 price target on the financial services provider’s stock.

Several other brokerages also recently weighed in on LLOY. JPMorgan Chase & Co. reduced their price objective on shares of Lloyds Banking Group from GBX 171 to GBX 121 and set a “neutral” rating for the company in a research report on Monday, April 13th. Barclays boosted their price objective on shares of Lloyds Banking Group from GBX 100 to GBX 120 and gave the stock an “overweight” rating in a research report on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Lloyds Banking Group to GBX 125 and set a “buy” rating for the company in a research report on Tuesday, February 3rd. Citigroup boosted their price objective on shares of Lloyds Banking Group from GBX 98 to GBX 106 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Finally, Shore Capital Group restated a “sell” rating on shares of Lloyds Banking Group in a research report on Thursday, April 2nd. Five equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of GBX 110.44.

Lloyds Banking Group Stock Down 0.0%

Shares of Lloyds Banking Group stock opened at GBX 97.01 on Wednesday. Lloyds Banking Group has a 52-week low of GBX 69.70 and a 52-week high of GBX 114.60. The company has a 50 day moving average of GBX 98.23 and a 200 day moving average of GBX 96.92. The company has a market capitalization of £56.77 billion, a P/E ratio of 14.06, a P/E/G ratio of 1.84 and a beta of 0.94.

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

Lloyds Banking Group News Roundup

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

• Positive Sentiment: Lloyds cancelled a further 31.15 million ordinary shares as part of its buyback programme, reducing share count and supporting EPS and capital returns. Read More.
• Positive Sentiment: Earlier tranche: Lloyds also cancelled 12.14 million shares on April 28, continuing an active buyback that signals capital confidence and helps underpin the share price. Read More.
• Positive Sentiment: Operational results: Lloyds reported a strong Q1 with profit up ~33%, beat estimates and reiterated 2026 guidance—supporting near-term fundamentals and investor confidence. Read More.
• Positive Sentiment: Analyst support: Jefferies reaffirmed a “buy” rating with a GBX 125 target, providing third‑party validation for the stock’s upside potential. Read More.
• Neutral Sentiment: Funding move: Lloyds launched a landmark £1.4bn retail bond offer—raising funding that could be neutral for liquidity but modestly dilutive to some metrics depending on terms. Read More.
• Neutral Sentiment: Macro/policy commentary: Lloyds has publicly warned about bank tax and flagged the wider industry as vulnerable to policy moves—this highlights potential regulatory risk but also industry advocacy. Read More.
• Negative Sentiment: IT outage & customer impact: Lloyds/Halifax disclosed a major IT glitch that may have affected >500,000 customers (and reported another 80,500 affected), raising costs for remediation, goodwill payments and reputational damage. Read More.
• Negative Sentiment: Regulatory/complaints pressure: Reports show Lloyds among the highest for FCA complaints and ongoing compensations to customers after the IT issues—this could mean higher remediation costs and regulatory scrutiny. Read More.
• Negative Sentiment: Reputational risk: Media pieces allege profits tied to geopolitical events, adding reputational headlines that can pressure sentiment even if financial impact is limited. Read More.

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.