Lloyds Banking Group’s (LLOY) Buy Rating Reaffirmed at Jefferies Financial Group

Posted by Brian Himes on Aug 1st, 2026

Jefferies Financial Group reissued their buy rating on shares of Lloyds Banking Group (LON:LLOY – Free Report) in a report published on Friday,Digital Look reports. They currently have a GBX 125 price objective on the financial services provider’s stock.

Several other research firms have also issued reports on LLOY. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 120 target price on shares of Lloyds Banking Group in a report on Thursday, April 30th. JPMorgan Chase & Co. lowered their price target on shares of Lloyds Banking Group from GBX 171 to GBX 121 and set a “neutral” rating on the stock in a report on Monday, April 13th. Berenberg Bank reiterated a “hold” rating and issued a GBX 117 price target on shares of Lloyds Banking Group in a research report on Wednesday, June 24th. Shore Capital Group reissued a “sell” rating on shares of Lloyds Banking Group in a research note on Thursday, April 30th. Finally, Citigroup raised 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 report on Thursday, April 30th. Six equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 114.20.

Read Our Latest Stock Report on LLOY

Lloyds Banking Group Stock Down 0.8%

Shares of LLOY opened at GBX 114.70 on Friday. The business has a 50-day simple moving average of GBX 107.78 and a two-hundred day simple moving average of GBX 102.72. Lloyds Banking Group has a 52 week low of GBX 74.43 and a 52 week high of GBX 117.70. The stock has a market cap of £66.72 billion, a price-to-earnings ratio of 15.09, a PEG ratio of 1.84 and a beta of 0.91.

Lloyds Banking Group (LON:LLOY – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The financial services provider reported GBX 4.80 earnings per share for the quarter. Lloyds Banking Group had a return on equity of 11.05% and a net margin of 26.73%. On average, equities analysts anticipate that Lloyds Banking Group will post 7.3199528 earnings per share for the current fiscal year.

More Lloyds Banking Group News

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

Positive Sentiment: Large share buyback underway: Lloyds is advancing its £1.75 billion repurchase programme, including the cancellation of recently bought shares. Buybacks can support earnings per share and signal management confidence. Lloyds Banking Group Advances £1.75bn Share Buyback and Moves to Weekly Reporting
Positive Sentiment: Solid first-half performance and ambitious targets: Lloyds reported first-half profit of approximately £4.3 billion, up 23%, while outlining plans to cut a further £2 billion in costs. Its AI-driven strategy targets return on tangible equity above 18% in 2028 and around 20% in 2030, potentially improving efficiency and profitability. Lloyds Bank to cut £2bn in costs as part of AI-powered strategy
Positive Sentiment: Analyst support strengthened: Royal Bank of Canada raised its price target to 124 pence and upgraded its view to “outperform.” Deutsche Bank and Jefferies reaffirmed “buy” ratings with 125-pence targets. Broker views on Lloyds Banking Group
Neutral Sentiment: Lloyds confirmed 58.15 billion ordinary shares in issue and updated its £60 billion euro medium-term note documentation. These are routine capital-markets and disclosure updates rather than immediate earnings catalysts. Lloyds Banking Group Confirms Voting Share Capital Structure
Negative Sentiment: Valuation may limit upside: Bank of America maintained a “hold” rating, saying the strong results may already be reflected in the share price. The bank also faces potential political pressure for additional taxes on lenders. Lloyds: Solid Results but Full Valuation Keeps Risk-Reward Balanced

Lloyds Banking Group Company Profile

(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.