Lloyds Banking Group plc (LYG)

NYSE: LYG · Real-Time Price · USD

2.800

+0.010 (0.36%)

At close: Nov 20, 2024, 4:00 PM

2.770

-0.030 (-1.07%)

Pre-market: Nov 21, 2024, 5:15 AM EST

Lloyds Banking Group Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for LYG stock has a target of 2.75, which predicts a decrease of -1.79% from the current stock price of 2.80.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$2.75	$2.75	$2.75	$2.75
Change	-1.79%	-1.79%	-1.79%	-1.79%

* Price targets were last updated on Apr 25, 2024.

Analyst Ratings

The average analyst rating for LYG stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	1	2	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	3	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew Coombs Citigroup	Citigroup	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Aug 5, 2024
Jason Napier UBS	UBS	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Jul 30, 2024
Peter Richardson Berenberg	Berenberg	Hold Initiates $2.75	Hold	Initiates	$2.75	-1.79%	Apr 25, 2024
Rohith Chandra Rajan B of A Securities	B of A Securities	Hold → Strong Buy Upgrades n/a	Hold → Strong Buy	Upgrades	n/a	n/a	Mar 21, 2024
Alvaro Serrano Morgan Stanley	Morgan Stanley	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Oct 17, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

17.89B

Revenue Next Year

18.74B

from 17.89B

4.77%

from 17.89B

EPS This Year

0.07

from 0.08

-9.73%

from 0.08

EPS Next Year

0.07

from 0.07

4.51%

from 0.07

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Jan 1, 2022	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	17.89B	18.74B	19.84B
Revenue Growth	-2.16%	-34.89%	53.19%	-15.16%	26.72%	-	4.77%	5.84%
EPS	0.03	0.01	0.08	0.05	0.08	0.07	0.07	0.09
EPS Growth	-38.18%	-64.71%	525.00%	-34.67%	53.06%	-9.73%	4.51%	24.94%
Forward PE	-	-	-	-	-	32.73	31.31	25.06
No. Analysts	-	-	-	-	-	20	20	19

Financial currency is GBP. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	19.7B	20.4B	21.8B
Avg	17.9B	18.7B	19.8B
Low	16.6B	17.1B	17.8B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	13.9%	16.4%
Avg	-	4.8%	5.8%
Low	-	-4.2%	-4.8%

EPS Forecast

EPS	2024	2025	2026
High	0.08	0.08	0.11
Avg	0.07	0.07	0.09
Low	0.05	0.04	0.07

EPS Growth

EPS Growth	2024	2025	2026
High	5.0%	22.5%	51.4%
Avg	-9.7%	4.5%	24.9%
Low	-30.1%	-34.6%	-1.7%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.