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Lloyds Banking Group (LYG) Stock Forecast & Price Target

Lloyds Banking Group logo
$2.67 -0.08 (-2.91%)
(As of 11/26/2024 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

Sell
0
Hold
7
Buy
3

Based on 10 Wall Street analysts who have issued ratings for Lloyds Banking Group in the last 12 months, the stock has a consensus rating of "Hold." Out of the 10 analysts, 7 have given a hold rating, and 3 have given a buy rating for LYG.

Consensus Price Target

$2.75
3.00% Upside
According to the 10 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 upside of 3.00% from the current price of $2.67.
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LYG Analyst Ratings Over Time

TypeCurrent Forecast
11/27/23 to 11/26/24
1 Month Ago
10/28/23 to 10/27/24
3 Months Ago
8/29/23 to 8/28/24
1 Year Ago
11/27/22 to 11/27/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
0 Buy rating(s)
Hold
7 Hold rating(s)
6 Hold rating(s)
4 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$2.75$2.75$2.75N/A
Forecasted Upside3.00% Upside-6.78% Downside-9.24% DownsideN/A
Consensus Rating
Hold
Hold
Moderate Buy
Reduce

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
2.30
2.49
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside3.00% Upside9.48% Upside6.71% Upside
News Sentiment Rating
Neutral News

See Recent LYG News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/30/2024Morgan Stanley
3 of 5 stars
 DowngradeOverweight ➝ Equal Weight
10/4/2024The Goldman Sachs Group
2 of 5 stars
B. Caven-Roberts
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Initiated CoverageNeutral
9/5/2024Kepler Capital Markets
4 of 5 stars
 Initiated CoverageHold
8/5/2024Citigroup
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A. Coombs
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DowngradeBuy ➝ Neutral
7/30/2024UBS Group
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J. Napier
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Reiterated RatingBuy ➝ Neutral
7/26/2024Royal Bank of Canada
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B. Toms
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DowngradeOutperform ➝ Sector Perform
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7/5/2024BNP Paribas
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G. Stebbings
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UpgradeNeutral ➝ Outperform
5/9/2024Deutsche Bank Aktiengesellschaft
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 Initiated CoverageBuy
4/25/2024Berenberg Bank
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 Initiated CoverageHold$2.75+8.05%
3/21/2024Bank of America
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 UpgradeNeutral ➝ Buy
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

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 09:33 PM ET.


Should I Buy Lloyds Banking Group Stock? LYG Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, November 22, 2024. Please send any questions or comments about these Lloyds Banking Group pros and cons to contact@marketbeat.com.

Lloyds Banking Group
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Lloyds Banking Group plc:

  • The current stock price is $2.83, which is near its twelve-month high of $3.24, indicating potential for further appreciation.
  • Lloyds Banking Group plc recently increased its semi-annual dividend to $0.0546, reflecting a commitment to returning value to shareholders and a yield of 4.4%.
  • The company has a solid return on equity of 10.34%, suggesting effective management and profitability relative to shareholder equity.
  • Analysts have issued a consensus rating of "Hold," indicating that while there may not be strong buy signals, the stock is considered stable and not likely to decline significantly.
  • The firm has a manageable debt-to-equity ratio of 1.76, which indicates a balanced approach to leveraging debt for growth while maintaining financial stability.

Lloyds Banking Group
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Lloyds Banking Group plc for these reasons:

  • Multiple analysts have downgraded their ratings recently, with Citigroup moving from "buy" to "neutral," which may signal concerns about future performance.
  • The average target price set by analysts is $2.75, which is below the current stock price, suggesting limited upside potential in the near term.
  • The company has a relatively low net margin of 12.40%, indicating that while it is profitable, there may be challenges in controlling costs or increasing profitability.
  • With a beta of 1.35, the stock is more volatile than the market, which could lead to larger price swings and increased risk for investors.
  • Recent trading volumes have been below average, which may indicate a lack of investor interest or confidence in the stock's future performance.

LYG Forecast - Frequently Asked Questions

According to the research reports of 10 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.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lloyds Banking Group in the last twelve months. There are currently 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LYG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LYG, but not buy additional shares or sell existing shares.

According to analysts, Lloyds Banking Group's stock has a predicted upside of 3.00% based on their 12-month stock forecasts.

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

Lloyds Banking Group has been rated by research analysts at Kepler Capital Markets, Morgan Stanley, and The Goldman Sachs Group in the past 90 days.

Analysts like Lloyds Banking Group less than other "finance" companies. The consensus rating score for Lloyds Banking Group is 2.30 while the average consensus rating score for "finance" companies is 2.49. Learn more on how LYG compares to other companies.


This page (NYSE:LYG) was last updated on 11/26/2024 by MarketBeat.com Staff
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