Lloyds Banking Group (LON:LLOY) Given Hold Rating at Berenberg Bank

Posted by Brian Himes on Jun 24th, 2026

Lloyds Banking Group (LON:LLOY – Get Free Report)‘s stock had its “hold” rating reiterated by research analysts at Berenberg Bank in a research report issued on Wednesday,Digital Look reports. They currently have a GBX 117 target price on the financial services provider’s stock. Berenberg Bank’s target price indicates a potential upside of 7.88% from the stock’s current price.

Other analysts have also recently issued reports about the stock. Royal Bank Of Canada restated an “outperform” rating and set a GBX 120 price target on shares of Lloyds Banking Group in a research note on Thursday, April 30th. Citigroup lifted their price objective on shares of Lloyds Banking Group from GBX 114 to GBX 123 and gave the company a “buy” rating in a research note on Thursday, April 30th. Jefferies Financial Group reissued a “buy” rating and set a GBX 125 target price on shares of Lloyds Banking Group in a report on Wednesday, April 29th. Shore Capital Group restated a “sell” rating on shares of Lloyds Banking Group in a research report on Thursday, April 30th. Finally, JPMorgan Chase & Co. cut their price target on Lloyds Banking Group from GBX 171 to GBX 121 and set a “neutral” rating for the company in a report on Monday, April 13th. Six analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 113.80.

Get Our Latest Stock Analysis on LLOY

Lloyds Banking Group Stock Performance

Shares of Lloyds Banking Group stock opened at GBX 108.45 on Wednesday. The stock has a market capitalization of £63.19 billion, a P/E ratio of 14.27, a P/E/G ratio of 1.84 and a beta of 0.92. Lloyds Banking Group has a 52-week low of GBX 72.85 and a 52-week high of GBX 114.60. The stock’s 50-day simple moving average is GBX 100.20 and its 200 day simple moving average is GBX 99.73.

Lloyds Banking Group (LON:LLOY – Get Free Report) last issued its earnings results on Thursday, April 30th. The financial services provider reported GBX 2.40 earnings per share for the quarter. The firm had revenue of GBX 478.50 billion during the quarter. Lloyds Banking Group had a net margin of 25.91% and a return on equity of 10.75%. Equities research analysts forecast that Lloyds Banking Group will post 7.3199528 EPS for the current fiscal year.

Key Lloyds Banking Group News

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

Positive Sentiment: Lloyds Banking Group continued its share buyback program and canceled 5 million ordinary shares, which is typically supportive for earnings per share and signals management confidence in capital strength. Lloyds Banking Group Cancels 5 Million Shares in Latest Buyback Move
Positive Sentiment: The bank is expanding into artificial intelligence, including plans to hire around 300 agentic AI specialists and build roughly 1,000 AI-related jobs, which could support long-term efficiency gains and cost savings. Lloyds Banking Group builds 1,000 AI jobs as traditional banking roles continue to change
Positive Sentiment: Reports that Lloyds may be considering buying FirstRand’s Aldermore suggest the bank could be looking at strategic acquisitions to grow its lending business. PRESS: Lloyds Banking mulls buying FirstRand’s Aldermore – Sky News
Neutral Sentiment: Lloyds and Halifax branch-closure announcements continue to draw attention, including lists of UK closures through 2026 and into 2027; these moves may improve efficiency but also highlight the shrinking physical branch network. Lloyds confirms every UK bank closure until March 2027 – full list
Neutral Sentiment: The COO’s share sale may have been policy-compliant, but insider selling can still be viewed cautiously by investors unless offset by stronger operational news. Lloyds Banking Group COO Sells Shares While Maintaining Policy-Aligned Stake

About Lloyds Banking Group

(Get Free Report)

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.