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

Jefferies Financial Group reiterated their buy rating on shares of Lloyds Banking Group (LON:LLOY) in a report released on Friday morning,Digital Look reports. The brokerage currently has a GBX 127 price objective on the financial services provider’s stock.

LLOY has been the topic of several other reports. Berenberg Bank lowered their price objective on shares of Lloyds Banking Group from GBX 121 to GBX 117 and set a “hold” rating on the stock in a research report on Friday. JPMorgan Chase & Co. upped their target price on shares of Lloyds Banking Group from GBX 121 to GBX 123 and gave the company a “neutral” rating in a report on Tuesday, September 15th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 125 target price on shares of Lloyds Banking Group in a research note on Friday, July 31st. Finally, Royal Bank Of Canada downgraded Lloyds Banking Group to a “sector perform” rating and reduced their price objective for the company from GBX 124 to GBX 115 in a research note on Friday, October 16th. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 116.

Lloyds Banking Group Trading Down 4.9%

Shares of LLOY opened at GBX 93.82 on Friday. The company’s 50 day simple moving average is GBX 106.65 and its 200-day simple moving average is GBX 104.51. The firm has a market cap of £53.88 billion, a PE ratio of 11.73, a price-to-earnings-growth ratio of 1.84 and a beta of 0.94. Lloyds Banking Group has a 12-month low of GBX 85.82 and a 12-month high of GBX 123.10.

Lloyds Banking Group (LON:LLOY) last released its quarterly earnings results on Thursday, July 30th. The financial services provider reported GBX 4.80 EPS for the quarter. Lloyds Banking Group had a net margin of 21.08% and a return on equity of 13.09%. As a group, equities research analysts forecast that Lloyds Banking Group will post 7.32 EPS for the current fiscal year.

Insider Buying and Selling at Lloyds Banking Group

In other news, insider Catherine Woods acquired 1,810 shares of the company’s stock in a transaction on Wednesday, September 23rd. The shares were bought at an average cost of GBX 110 per share, with a total value of £1,991. Also, insider William Chalmers sold 8,445,139 shares of the company’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of GBX 112, for a total transaction of £9,458,555.68. Insiders own 0.15% of the company’s stock.

Lloyds Banking Group News Summary

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

• Positive Sentiment: Lloyds reported a 42% increase in nine-month profit before tax to approximately £6.625 billion, supported by higher income, improved fee performance and lower remediation costs. The bank also reaffirmed its full-year guidance. Lloyds Banking Group Posts Strong Q3 2026 Results and Confirms Full-Year Guidance
• Positive Sentiment: The bank cancelled 112 million shares bought back between October 26 and 30. Share cancellations reduce the outstanding share count and can support earnings per share and shareholder returns. Lloyds Banking Group Cancels 112 Million Shares After Late-October Buyback
• Positive Sentiment: Jefferies reaffirmed its Buy rating and set a GBX 127 price target, while Bank of America maintained a GBX 140 target, suggesting some analysts still see substantial upside. Jefferies Lloyds Rating
• Neutral Sentiment: Lloyds’ mortgage book expanded by £300 million, although its 17% share of mortgage completions highlights competitive pressure in the UK housing market. Lloyds Mortgage Book Grows £300 Million
• Negative Sentiment: Investors viewed the quarterly performance as mixed: profit exceeded expectations, but the outlook was described as flat, with rising costs tempering the benefit from higher rates and fee income. Lloyds Profit Beat Marred by Flat Outlook
• Negative Sentiment: Management warned that a proposed £1.5 billion bank-tax increase could hurt economic growth and reduce the competitiveness of UK lenders, creating a potential drag on future profitability. Lloyds Executive Criticises Bank Tax Increase
• Negative Sentiment: Berenberg lowered its price target from GBX 121 to GBX 117 and retained a Hold rating, reinforcing concerns about near-term earnings momentum. Berenberg Lloyds Rating

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.