Lloyds Banking Group PLC (LSE:LLOY) will achieve key profitability targets this year ahead of schedule as it is trading on more conservative macro and competitive assumptions than realised in the market, according to Credit Suisse Group AG (NYSE:CS). The broker said the bank would achieve a return on tangible equity (ROTE) of more than 12% this year, rather than the bank's stated target of 2026, while lifting its price target to 71p, or some 52.5% upside on yesterday's closing price.