Lloyds Banking Group (LYG) Stock Forecast, Price Target & Predictions
LYG Stock Forecast
Lloyds Banking Group stock forecast is as follows: an average price target of $2.75 (represents a -9.84% downside from LYG’s last price of $3.05) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
LYG Price Target
The average price target for Lloyds Banking Group (LYG) is $2.75 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $2.75 to $2.75. This represents a potential -9.84% downside from LYG's last price of $3.05.
LYG Analyst Ratings
According to 6 Wall Street analysts, Lloyds Banking Group's rating consensus is 'Buy'. The analyst rating breakdown for LYG stock is 0 'Strong Buy' (0.00%), 3 'Buy' (50.00%), 3 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Lloyds Banking Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 25, 2024 | Peter Richardson | Berenberg Bank | $2.75 | $2.54 | 8.27% | -9.84% |
The latest Lloyds Banking Group stock forecast, released on Apr 25, 2024 by Peter Richardson from Berenberg Bank, set a price target of $2.75, which represents a 8.27% increase from the stock price at the time of the forecast ($2.54), and a -9.84% decrease from LYG last price ($3.05).
Lloyds Banking Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $2.75 |
| Last Closing Price | $3.05 | $3.05 | $3.05 |
| Upside/Downside | -100.00% | -100.00% | -9.84% |
In the current month, the average price target of Lloyds Banking Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Lloyds Banking Group's last price of $3.05. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 05, 2024 | Citigroup | - | Neutral | Downgrade |
| Jul 30, 2024 | UBS | - | Neutral | Downgrade |
| Jul 26, 2024 | RBC Capital | - | Sector Perform | Downgrade |
| Jul 05, 2024 | Exane BNP Paribas | - | Outperform | Upgrade |
| Jun 17, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Jun 04, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Sep 27, 2022 | Morgan Stanley | Overweight | Overweight | Hold |
| Aug 05, 2022 | Morgan Stanley | Overweight | Overweight | Hold |
Lloyds Banking Group's last stock rating was published by Citigroup on Aug 05, 2024. The company Downgrade its LYG rating from "null" to "Neutral".
Lloyds Banking Group Financial Forecast
Lloyds Banking Group Revenue Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | $4.81B | $4.93B | $4.54B | $4.59B |
| Avg Forecast | $5.50B | $5.48B | $5.49B | $5.31B | $5.59B | $5.51B | $5.94B | $5.99B | $5.85B | $5.06B | $5.07B |
| High Forecast | $5.50B | $5.48B | $5.49B | $5.31B | $5.59B | $5.51B | $5.94B | $5.99B | $5.85B | $5.06B | $5.07B |
| Low Forecast | $5.50B | $5.48B | $5.49B | $5.31B | $5.59B | $5.51B | $5.94B | $5.99B | $5.85B | $5.06B | $5.07B |
| # Analysts | - | - | - | - | - | - | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - | 0.80% | 0.84% | 0.90% | 0.90% |
Lloyds Banking Group's average Quarter revenue forecast for Jun 23 based on 0 analysts is $5.94B, with a low forecast of $5.94B, and a high forecast of $5.94B. LYG's average Quarter revenue forecast represents a 23.59% increase compared to the company's last Quarter revenue of $4.81B (Mar 23).
Lloyds Banking Group EBITDA Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | $2.26B | $1.74B | $1.48B | $2.00B |
| Avg Forecast | $3.04B | $3.03B | $3.04B | $2.93B | $3.09B | $3.05B | $3.29B | $3.31B | $3.24B | $2.80B | $2.81B |
| High Forecast | $3.04B | $3.03B | $3.04B | $2.93B | $3.09B | $3.05B | $3.29B | $3.31B | $3.24B | $2.80B | $2.81B |
| Low Forecast | $3.04B | $3.03B | $3.04B | $2.93B | $3.09B | $3.05B | $3.29B | $3.31B | $3.24B | $2.80B | $2.81B |
| Surprise % | - | - | - | - | - | - | - | 0.68% | 0.54% | 0.53% | 0.71% |
0 analysts predict LYG's average Quarter EBITDA for Jun 23 to be $3.29B, with a high of $3.29B and a low of $3.29B. This is 45.46% upper than Lloyds Banking Group's previous annual EBITDA (Mar 23) of $2.26B.
Lloyds Banking Group Net Income Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | - | - | - | - | - | - | - | $1.64B | $1.50B | $1.18B | $1.58B |
| Avg Forecast | $3.33B | $3.33B | $3.33B | $4.03B | $4.34B | $4.65B | $4.88B | $5.26B | $4.48B | $4.54B | $984.17M |
| High Forecast | $3.33B | $3.33B | $3.33B | $4.03B | $4.34B | $4.65B | $4.88B | $5.26B | $4.48B | $4.54B | $984.17M |
| Low Forecast | $3.33B | $3.33B | $3.33B | $4.03B | $4.34B | $4.65B | $4.88B | $5.26B | $4.48B | $4.54B | $984.17M |
| Surprise % | - | - | - | - | - | - | - | 0.31% | 0.34% | 0.26% | 1.60% |
Lloyds Banking Group's average Quarter net income forecast for Jun 23 is $4.88B, with a range of $4.88B to $4.88B. LYG's average Quarter net income forecast represents a 197.68% increase compared to the company's last Quarter net income of $1.64B (Mar 23).
Lloyds Banking Group SG&A Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $21.30B | $21.21B | $21.26B | $20.55B | $21.66B | $21.33B | $23.01B | $23.18B | $22.66B | $19.61B | $19.65B |
| High Forecast | $21.30B | $21.21B | $21.26B | $20.55B | $21.66B | $21.33B | $23.01B | $23.18B | $22.66B | $19.61B | $19.65B |
| Low Forecast | $21.30B | $21.21B | $21.26B | $20.55B | $21.66B | $21.33B | $23.01B | $23.18B | $22.66B | $19.61B | $19.65B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - |
Lloyds Banking Group's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to LYG last annual SG&A of $NaN (undefined).
Lloyds Banking Group EPS Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | $0.09 | $0.08 | $0.07 | $0.09 |
| Avg Forecast | $0.05 | $0.05 | $0.05 | $0.06 | $0.07 | $0.07 | $0.08 | $0.08 | $0.07 | $0.07 | $0.06 |
| High Forecast | $0.05 | $0.05 | $0.05 | $0.06 | $0.07 | $0.07 | $0.08 | $0.08 | $0.07 | $0.07 | $0.06 |
| Low Forecast | $0.05 | $0.05 | $0.05 | $0.06 | $0.07 | $0.07 | $0.08 | $0.08 | $0.07 | $0.07 | $0.06 |
| Surprise % | - | - | - | - | - | - | - | 1.10% | 1.18% | 0.92% | 1.44% |
According to 0 Wall Street analysts, Lloyds Banking Group's projected average Quarter EPS for Jun 23 is $0.08, with a low estimate of $0.08 and a high estimate of $0.08. This represents a -15.73% decrease compared to LYG previous annual EPS of $0.09 (Mar 23).
Lloyds Banking Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BSBR | Banco Santander (Brasil) | $5.60 | $7.20 | 28.57% | Buy |
| ZION | Zions Bancorporation, National Association | $46.49 | $58.00 | 24.76% | Hold |
| KEY | KeyCorp | $16.09 | $19.63 | 22.00% | Buy |
| BMA | Banco Macro | $67.76 | $78.00 | 15.11% | Hold |
| BBD | Banco Bradesco | $2.80 | $3.20 | 14.29% | Buy |
| BSAC | Banco Santander-Chile | $20.56 | $21.50 | 4.57% | Buy |
| BCH | Banco de Chile | $24.99 | $25.00 | 0.04% | Hold |
| GGAL | Grupo Financiero Galicia | $45.06 | $45.00 | -0.13% | Buy |
| ITUB | Itaú Unibanco | $6.67 | $6.50 | -2.55% | Buy |
| LYG | Lloyds Banking Group | $3.05 | $2.75 | -9.84% | Buy |
| NYCB | New York Community Bancorp | $10.60 | $8.38 | -20.94% | Hold |
LYG Forecast FAQ
Is Lloyds Banking Group a good buy?
Yes, according to 6 Wall Street analysts, Lloyds Banking Group (LYG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 50.00% of LYG's total ratings.
What is LYG's price target?
Lloyds Banking Group (LYG) average price target is $2.75 with a range of $2.75 to $2.75, implying a -9.84% from its last price of $3.05. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Lloyds Banking Group stock go up soon?
According to Wall Street analysts' prediction for LYG stock, the company can go down by -9.84% (from the last price of $3.05 to the average price target of $2.75), down by -9.84% based on the highest stock price target, and down by -9.84% based on the lowest stock price target.
Can Lloyds Banking Group stock reach $5?
LYG's average twelve months analyst stock price target of $2.75 does not support the claim that Lloyds Banking Group can reach $5 in the near future.
What are Lloyds Banking Group's analysts' financial forecasts?
Lloyds Banking Group's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $23.03B (high $23.03B, low $23.03B), average EBITDA is $12.74B (high $12.74B, low $12.74B), average net income is $19.13B (high $19.13B, low $19.13B), average SG&A $89.19B (high $89.19B, low $89.19B), and average EPS is $0.304 (high $0.304, low $0.304). LYG's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $21.77B (high $21.77B, low $21.77B), average EBITDA is $12.04B (high $12.04B, low $12.04B), average net income is $14.02B (high $14.02B, low $14.02B), average SG&A $84.31B (high $84.31B, low $84.31B), and average EPS is $0.222 (high $0.222, low $0.222).
Did the LYG's actual financial results beat the analysts' financial forecasts?
Based on Lloyds Banking Group's last annual report (Dec 2022), the company's revenue was $23M, which missed the average analysts forecast of $15.99B by -99.86%. Apple's EBITDA was $12.92B, beating the average prediction of $8.85B by 46.02%. The company's net income was $5.46B, missing the average estimation of $10B by -45.39%. Apple's SG&A was $435M, missing the average forecast of $61.93B by -99.30%. Lastly, the company's EPS was $0.29, beating the average prediction of $0.205 by 41.72%. In terms of the last quarterly report (Mar 2023), Lloyds Banking Group's revenue was $4.81B, missing the average analysts' forecast of $5.99B by -19.67%. The company's EBITDA was $2.26B, missing the average prediction of $3.31B by -31.75%. Lloyds Banking Group's net income was $1.64B, missing the average estimation of $5.26B by -68.79%. The company's SG&A was $0, missing the average forecast of $23.18B by -100.00%. Lastly, the company's EPS was $0.092, beating the average prediction of $0.0835 by 10.23%