LLOYDS BANKING GROUP - SUMMARY REMUNERATION ANNOUNCEMENT

Banking analyst Alex Potter told BBC Radio 5 live's Wake Up to Money that the resumption of dividend payments indicated that Lloyds had returned to health.

"Actually, an awful lot of [investment] funds haven't been able to buy Lloyds shares at all while they haven't been paying a dividend, so actually, just the allowance of those potential shareholders on to the [share] register again is going to be a pretty good thing," he said.

Numis Buy 79.70 97.00 97.00 Reiterates

Toying with 16 bob.

JPM must be offloading a few this morning, otherwise the 16 bob would be long gone Skinny

Yes I did expect a little more.

Credit Suisse Neutral 79.28 72.00 72.00 Reiterates

Investec Buy 79.28 85.00 85.00 Reiterates

I sold LLoy sbs. yesterday and bought back at a smidgeon lower this am..

==-=-==

It would be nice to see 90 over the next few weeks.

Toying with 81p.

HMG < 22%

UK raises further 500 million pounds from Lloyds share sale - Osborne

Osborne needs it .for his books

Morgan Stanley reiterates overweight on Lloyds Banking Group, target raised from 94.9p to 99.6p

Jefferies has removed banking group Lloyds (LON:LLOY) from its list of stocks to avoid and moved to a more moderate 'hold' investment rating (from 'underperform'), which it stated was due to the better risk/reward balance.

"A progressively rising dividend (4.2p in '17E from 0.75p in '14) should provide support for LLOY's premium p/tbv valuation, despite a persistently material gap between so-called "underlying" and statutory earnings and lack of earnings upgrades," the broker said.

"Reward/risk is no longer asymmetric to the downside and we move to Hold as a result."

Analysts have also boosted their price target to 88 pence a share from 69 pence and added that under its upside scenario the shares could be worth as much as 97 pence.

Anybody have ideas what is holding this shares price back?

Is it due to government sell off overhang fropm recent Government sell off?

I reckon or hope nearest target price should be about 95 plus.

I sold off some at 81+ and bought back about about 78 expecting more.

TPs vary 84-100, but projected PE and yield susggests (to me) there may be more!

It is the time span which is annoying!

A downgrade today Fred - the broker notes for April :-

09 Apr 15 Investec Hold 79.34 85.00 84.00 Downgrades
02 Apr 15 Credit Suisse Neutral 79.34 72.00 72.00 Reiterates
01 Apr 15 Societe Generale Buy 79.34 96.00 96.00 Reiterates
01 Apr 15 Morgan Stanley Overweight 79.34 94.90 99.60 Reiterates
01 Apr 15 Numis Buy 79.34 97.00 97.00 Reiterates
01 Apr 15 Jefferies International Hold 79.34 69.00 88.00 Upgrades

Skinny,

Thanks for that.

Missed the update!

Credit Suisse is generally depressing for me!

Tossing a coin whether to sell and use cash for other punt.

Barc sbs are beginning to move as I expected.

May increase longs.

Broker notes...and what do they know, they all come to a different target price and not one gives a 'target date'

True - apparently this bloke knows more and he knows nothing!

LOL...a classic!

I have been waiting and waiting on this for over a month for it to drop a couple of pence but it isn't in the mood. I'll keep waiting in the anticipation that sooner or later one of the politicians will say something scary and either the FTSE or LLOY will fall back.

I do hold quite a few I bought 3/4 years ago. I sold half recently between 78.5 and 80.0 and I'm looking to buy some of them back a bit lower.

RBS looks better value to me

C.C.

My guess is that it will hit 82, if it does ???.

Over all trend is up!

the MACD and RSI, stcoastics are for me positive

The volumes are ?????????

But, I am ? May 7th and its effects before the date.

But have long term shares and short term SBs.

PS..

Looking at RBS.

But 3-6 month trend is downward.

Also, projected earnings for me fit the price.

But short term Charts look interesting and positive.

Have been watching.
.
Maybe list, but want to cut overall holdings for a month or two!

Conservatives aim to sell Lloyds shares to small investors