Are Lloyds bank worth buying and does any one think they will rise above 5 in the near future

HSBC upgraded Britain's fifth-biggest bank Lloyds TSB to 'add' from 'reduce' and also raised its price target on the stock to 460p from 440p. Dealers said HSBC upgraded the stock because capital fears at Lloyds TSB were overdone and the shares were attractively valued.

lloyds seems to be at a crossroads in banking circles,,,,,,to indecisive in decision making,,,bad management,how can a blue chip stock fall allmost 70% in recent years and at current levels still not much intrest...i think very similar story yo BT,,,,both these are traditional growth stocks seems not to be any more,,,,,more income driven ..................

lloyds seems to be at a crossroads in banking circles,,,,,,to indecisive in decision making,,,bad management,how can a blue chip stock fall allmost 70% in recent years and at current levels still not much intrest...i think very similar story yo BT,,,,both these are traditional growth stocks seems not to be any more,,,,,more income driven ..................

daves dazzlers

Lloyds appear committed to the dividend which is good news. Crossroads, you could be right. I would be happy if they concentrated on organic growth in a bouyant UK market. Personal lending backed up by strong housing market can drive revenues in long term savings and mortgage markets.

More a growth & income stock from here tho. HSBC's upgrade provides 10% upside from here not including dividends.

A buy & hold for an 18-20% total annual return from these levels?

TSQ.