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

Lloyds Banking Group (LON:LLOY)‘s stock had its “buy” rating reaffirmed by Jefferies Financial Group in a report released on Friday, Digital Look reports. They currently have a GBX 127 price objective on the financial services provider’s stock. Jefferies Financial Group‘s target price would suggest a potential upside of 34.90% from the stock’s previous close.

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

Lloyds Banking Group Stock Performance

LLOY traded down GBX 4.51 on Friday, hitting GBX 94.15. The company had a trading volume of 1,642,509,875 shares, compared to its average volume of 176,704,219. The stock has a fifty day moving average price of GBX 106.98 and a 200-day moving average price of GBX 104.54. Lloyds Banking Group has a 12-month low of GBX 85.82 and a 12-month high of GBX 123.10. The stock has a market capitalization of £54.07 billion, a price-to-earnings ratio of 11.77, a P/E/G ratio of 1.84 and a beta of 0.94.

Lloyds Banking Group (LON:LLOY) last announced its 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 26.73% and a return on equity of 11.05%. Analysts forecast that Lloyds Banking Group will post 7.32 EPS for the current fiscal year.

Insider Activity at Lloyds Banking Group

In other Lloyds Banking Group news, insider William Chalmers sold 8,445,139 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of GBX 112, for a total transaction of £9,458,555.68. Also, insider Catherine Woods acquired 1,810 shares of the firm’s stock in a transaction on Wednesday, September 23rd. The shares were acquired at an average price of GBX 110 per share, with a total value of £1,991. 0.15% of the stock is currently owned by corporate insiders.

Lloyds Banking Group News Roundup

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

• Positive Sentiment: Profit before tax rose 42% to £6.625 billion for the first nine months of 2026, helped by higher interest and fee income and lower remediation costs. Lloyds reaffirmed its full-year guidance, while a Bank of America analyst maintained a Buy rating and GBX 140 price target. Lloyds Buy Rating Maintained
• Positive Sentiment: Lloyds’ mortgage book expanded by £300 million, indicating continued lending growth even though the bank accounted for 17% of mortgage completions. Lloyds Mortgage Book Grows
• Neutral Sentiment: Lloyds reported its capitalisation and indebtedness as of September 30. The filing provides balance-sheet transparency but did not appear to introduce a major new catalyst for the shares. Lloyds Capitalisation and Debt Position
• Negative Sentiment: Investors viewed the third-quarter results as mixed: although quarterly profit was approximately £2.3 billion, reports highlighted misses, rising costs and a flat outlook. Jefferies’ concerns contributed to the sell-off, showing that strong historical earnings were not enough to improve sentiment. Lloyds Shares Fall as Jefferies Flags Misses
• Negative Sentiment: Lloyds warned that a proposed £1.5 billion increase in the bank tax could weaken UK economic growth and competitiveness. The potential hit to profitability and lending is an overhang for LLOY. Lloyds Executive Criticises Bank Tax Rise
• Negative Sentiment: Berenberg lowered its price target from GBX 121 to GBX 117 and changed its stance to Hold, adding to analyst caution. Berenberg Lloyds Rating

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.