JPMorgan Chase & Co. Raises Lloyds Banking Group (LON:LLOY) Price Target to GBX 117

Lloyds Banking Group (LON:LLOY) had its target price upped by JPMorgan Chase & Co. from GBX 102 to GBX 117 in a research report issued to clients and investors on Tuesday, MarketBeat.com reports. The firm presently has a “neutral” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 15.38% from the company’s current price.

Several other analysts have also issued reports on the stock. Royal Bank Of Canada boosted their target price on shares of Lloyds Banking Group from GBX 100 to GBX 110 and gave the company an “outperform” rating in a research report on Tuesday, October 28th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 105 price target on shares of Lloyds Banking Group in a research note on Tuesday, October 28th. Barclays upped their price objective on Lloyds Banking Group from GBX 100 to GBX 120 and gave the stock an “overweight” rating in a research note on Wednesday, January 7th. Keefe, Bruyette & Woods reiterated an “outperform” rating and set a GBX 93 target price on shares of Lloyds Banking Group in a research report on Friday, October 10th. Finally, Citigroup boosted their price target on Lloyds Banking Group from GBX 84 to GBX 97 and gave the company a “neutral” rating in a report on Monday, December 1st. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Lloyds Banking Group has a consensus rating of “Moderate Buy” and an average price target of GBX 103.71.

Lloyds Banking Group Stock Performance

Lloyds Banking Group stock opened at GBX 101.40 on Tuesday. Lloyds Banking Group has a one year low of GBX 60.30 and a one year high of GBX 102.85. The stock has a fifty day moving average of GBX 96.35 and a 200 day moving average of GBX 87.42. The stock has a market cap of £59.58 billion, a PE ratio of 17.79, a price-to-earnings-growth ratio of 1.84 and a beta of 1.23.

Lloyds Banking Group (LON:LLOY) last announced its earnings results on Thursday, December 11th. The financial services provider reported GBX 6.30 earnings per share (EPS) for the quarter. Lloyds Banking Group had a return on equity of 11.22% and a net margin of 16.66%. As a group, sell-side analysts predict that Lloyds Banking Group will post 7.3199528 EPS for the current fiscal year.

Lloyds Banking Group News Roundup

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

• Positive Sentiment: JPMorgan raised its price target for LLOY from GBX 102 to GBX 117 (maintaining a “neutral” rating), giving a near-term valuation tailwind and signalling some broker confidence in the stock’s outlook. Analyst Price Target Raise
• Positive Sentiment: Coverage pieces highlight Lloyds’ strong capital position and the appeal of its dividend, which supports income-focused investors and underpins valuation multiples. Dividend Appeal
• Positive Sentiment: Lloyds is rolling out an AI Academy to train all ~67,000 staff — a strategic investment in digital capability that could improve productivity and lower future costs if executed well. AI Academy Launch
• Positive Sentiment: Investor commentary/upgrade pieces (e.g., Seeking Alpha) note the share price reclaiming the £1 level and an improved rating outlook, which can attract momentum buyers. Rating/Upgrade Coverage
• Neutral Sentiment: Lloyds disclosed details about unallotted shares after the end of the UK block listing regime — a technical update that may have limited direct impact but is relevant for corporate governance and float dynamics. Unallotted Shares Announcement
• Neutral Sentiment: Analyst previews and strategy pieces (IG, FinTechMag) note the upcoming full‑year results (29 Jan) and focus on consumer behaviour — items to watch but not immediate drivers until results are released. Full-Year Results Preview
• Negative Sentiment: Multiple articles report new branch closures (five branches plus other planned closures) and the final closure of a historic Cornwall branch; branch cuts can reduce customer access, prompt local deposit outflows, and attract negative headlines. Branch Closures
• Negative Sentiment: Lloyds’ CEO publicly urged rate cuts to boost the economy while data shows the fastest job cuts in five years — signals of macro weakness that could pressure loan demand, impairments and investor sentiment. CEO Rate-Cut Call & Job Cuts
• Negative Sentiment: Local stories about the historic Cornwall branch closure add to negative PR and may amplify short-term sentiment selling despite being operationally small. Historic Branch Closure

About Lloyds Banking Group

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.