JPMorgan Raises its Price Target on Lloyds Banking (LYG) to 121 GBp

Lloyds Banking Group plc (NYSE:LYG) is one of the 10 Fastest-Growing Financial Stocks to Invest In.

On April 13, 2026, JPMorgan analyst Sheel Shah has raised the price target on Lloyds Banking Group plc (NYSE:LYG) to 121 GBp from 117 GBp previously and maintained a Neutral rating on the shares.

On April 8, 2026, Citi analyst Andrew Coombs upgraded Lloyds Banking Group plc (NYSE:LYG) to Buy from Neutral and increased the price target to 114 GBp from 106 GBp previously, saying it is “time to re-engage” with European banks. The firm noted the sector remains one of the few seeing earnings upgrades and expects potential rate hikes in Europe to support profitability.

JPMorgan Raises its Price Target on Lloyds Banking (LYG) to 121 GBp

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Lloyds Banking Group plc (NYSE:LYG) also announced the appointment of Sameer Gupta as Chief Data and AI Officer, where he will lead the next phase of the bank’s AI strategy. His role includes scaling AI adoption across the organization to enhance customer experience, strengthen fraud prevention, and improve internal decision-making tools, aligning with the group’s longer-term growth and efficiency goals.

Lloyds Banking Group plc (NYSE:LYG) provides retail and commercial banking services in the United Kingdom.

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