Lloyds Banking Group plc (LYG)
NYSE: LYG · IEX Real-Time Price · USD
2.825
+0.005 (0.18%)
May 20, 2024, 11:26 AM EDT - Market open
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 -2.65% from the current stock price of 2.83.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for LYG stock from 2 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 0 | 1 | 1 |
| Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Berenberg | Berenberg | Hold Initiates $2.75 | Hold | Initiates | $2.75 | -2.65% | Apr 25, 2024 |
| 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 |
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Oct 17, 2022 |
| Barclays | Barclays | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Apr 5, 2022 |
| RBC Capital | RBC Capital | Buy → Sell Downgrades n/a | Buy → Sell | Downgrades | n/a | n/a | Mar 30, 2022 |
Financial Forecast
Revenue This Year
18.27B
from 48.70B
Decreased by -62.49%
Revenue Next Year
18.90B
from 18.27B
Increased by 3.46%
EPS This Year
0.06
from 0.30
Decreased by -78.55%
EPS Next Year
0.08
from 0.06
Increased by 18.93%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.1B | 20.7B | 21.5B | 21.4B | 21.8B |
| Avg | 18.3B | 18.9B | 19.6B | 20.5B | 21.0B |
| Low | 16.8B | 16.9B | 17.3B | 19.9B | 20.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -58.7% | 13.1% | 13.9% | 9.0% | 6.4% |
| Avg | -62.5% | 3.5% | 3.7% | 4.8% | 2.3% |
| Low | -65.6% | -7.5% | -8.6% | 1.6% | -0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.08 | 0.09 | 0.11 | 0.10 | 0.10 |
| Avg | 0.06 | 0.08 | 0.09 | 0.09 | 0.09 |
| Low | 0.05 | 0.06 | 0.07 | 0.08 | 0.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -74.1% | 44.6% | 47.7% | 11.7% | 13.6% |
| Avg | -78.6% | 18.9% | 13.7% | -0.8% | 9.3% |
| Low | -83.0% | -11.7% | -10.4% | -11.5% | 6.0% |
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.