What analysts are expectingAt the moment, Lloyds carries an overwhelming Buy rating from 19 analysts, with 12 saying Buy, only six saying Hold and just one Sell. Their average 12‑month price target is 117.9p, with the highest forecast at 135p and the lowest at 53p. If you invested £5,000 today and the shares reached 135p, that pot would be worth a little over £6,163, with dividends included. Citi has turned increasingly positive, upgrading Lloyds to Buy and lifting its price target to 123p. If Lloyds reaches that 135p goal, a £5,000 investment could deliver close to a 24% gain with dividends included.