Societe Generale Buy 67.37 - 74.00 Reiterates

2013 HALF-YEAR RESULTS NEWS RELEASE - PART 1

2013 HALF-YEAR RESULTS NEWS RELEASE - PART 2

Bank of America Merrill Lynch Buy 68.47 80.00 90.00 Reiterates

Maybe £1 before Christmas!

73p shorts ablaze!!

..but on quick scan nothing about divi resumption

Its intimated (sort of).

Lloyds ready for government sale as turnaround speeds up

LONDON | Thu Aug 1, 2013 10:10am BST
(Reuters) - Lloyds accelerated its turnaround campaign and flagged a revival of payouts to shareholders on Thursday, paving the way for the government to start selling its stake in Britain's largest retail bank soon.

Prime Minister David Cameron is keen to show that Britain's part-nationalised lenders are on the mend, and a profitable sale of part of the state's 39 percent stake in Lloyds would allow him to claim at least partial success.
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Some analysts said the dividend drought could end this year.

"Improved margin guidance suggests 10-15 percent pretax profit upgrade for 2013. We remain of the view Lloyds will announce a fourth-quarter dividend in parallel with the start of the UK government placing," said Numis analyst Mike Trippitt.

Thanks Skinny. All a bit fluffy but perhaps will give a final push to ensure a successful placing.

likely placing of first tranche @ 80p.

Deutsche Bank Buy 0.00 72.00 77.00 Retains

Citigroup Neutral 0.00 70.00 80.00 Reiterates

JP Morgan Cazenove Neutral 0.00 65.00 77.00 Retains

15 bob!

(Reuters) - Lloyds Banking Group (LLOY.L) Chief Executive Antonio Horta-Osorio told potential investors that he expects to see up to 70 percent of the bank's earnings returned to shareholders by 2015, the Financial Times reported, citing sources.

The dividend target was revealed during recent shareholder roadshows aimed at attracting investment before the British government sells its 39 percent stake in Lloyds, the FT said on its website.

The government could sell a tranche of about 5 billion pounds - or a quarter of its stake - to institutional investors, such as pension and hedge funds, this week, sources told Reuters on August 1.

Shareholders have not received a dividend from Lloyds since its ill-fated rescue of rival HBOS in 2008, when it was bailed out by Britain and ordered to halt payouts.

sp 77p rising brokers raising their TP's one to 100p.

Which broker?

RBC and UBS.

Thanks.

UBS. Buy. 77.08p. 72.00p. 100.00p. Reiteration.

Crossed posts.

Is that a charting term? ;o)

Exane BNP Paribas Outperform 73.47 73.47 - 85.00 Reiterates