Goldman Sachs keeps Buy rating for Lloyds Banking stock at GBp 133.00
Published on 10/13/2026 at 14:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Goldman Sachs maintained a Buy rating on Lloyds Banking and set a GBp 133.00 price target in a report dated October 6, 2026, according to The Globe and Mail. The target is 26.31 percent above the LSE price of GBp 105.30 at 1:40 p.m. BST on October 13, 2026. Lloyds Banking was trading at EUR 1.25 at Lang & Schwarz on October 13, 2026 at 2:37 p.m. CEST, plus 1.54 percent versus the Xetra close of October 12, 2026.
Profit reaches GBP 3.10 billion
Lloyds reported statutory profit after tax of GBP 3.10 billion for the first half of 2026, up 23.00 percent from the first half of 2025. Net income increased 9.00 percent to GBP 9.70 billion, while return on tangible equity reached 17.10 percent.
The company's investor materials also set 2026 targets for underlying net interest income above GBP 14.90 billion, a cost-to-income ratio below 50.00 percent and return on tangible equity above 16.00 percent. These figures give the Goldman target a fundamental backdrop, while the upcoming results date offers the next scheduled test.
Stock remains below its yearly high
The LSE quote stood at GBp 105.30 at 1:40 p.m. BST on October 13, 2026. That places the stock 10.69 percent below its 52-week high of GBp 117.90 and GBp 23.48 above its 52-week low of GBp 81.82. Trading volume was 74,511,676 shares against an average of 145,858,532.
Lloyds Banking has a market capitalization of GBP 61.10 billion and a price-to-earnings ratio of 13.07 as of October 13, 2026. The next quarterly results update is scheduled for October 29, 2026, according to Invezz.
Comparison with peers
Quotes and valuation figures below are as of October 13, 2026.
Lloyds Banking: plus 1.54 percent, price-to-earnings ratio 13.07, market capitalization GBP 61.10 billion
Barclays (LSE, GBp): plus 0.53 percent, price-to-earnings ratio 9.05, market capitalization GBP 59.30 billion
NatWest (LSE, GBp): plus 2.66 percent, price-to-earnings ratio 8.95, market capitalization GBP 53.40 billion
Price and target remain separate signals
The Goldman Sachs target sits above the current London quote, while the euro price is 1.54 percent above the October 12 Xetra close. The distance to the 52-week high is wider than the target gap alone suggests, leaving the October 29 results update as the next dated valuation checkpoint.
The further course of trading is shown by the continuously updated real-time quote of Lloyds Banking stock.
Lloyds Banking market data
- Company: Lloyds Banking Group plc
- ISIN: GB0008706128
- Ticker: LLOY
- Primary exchange: London Stock Exchange
- Price Lang & Schwarz (as of October 13, 2026, 2:37 p.m. CEST): EUR 1.25
- Change versus Xetra close of October 12, 2026: plus 1.54 percent
- Xetra close (October 12, 2026): EUR 1.23
- Market capitalization: GBP 61.10 billion (as of October 13, 2026)
- 52-week range: GBp 81.82-117.90 (as of October 13, 2026)
- Sector / Industry: Financial Services / Regional Banks
- Index membership: FTSE 100
- Next earnings date: October 29, 2026
Market context: Market report FTSE 100.
