mitzy
- 10 Oct 2008 06:29
skinny
- 28 Apr 2017 08:41
- 5127 of 5370
Barclays Capital Overweight 68.70 - 77.00 Reiterates
skinny
- 01 May 2017 12:14
- 5128 of 5370
cynic
- 01 May 2017 12:30
- 5129 of 5370
that would be nice ...... it's the only banking share i hold (sipp)
iturama
- 01 May 2017 13:44
- 5130 of 5370
There have been strong headwinds with the Govt selling circa 50M a day. That should be done with before the end of the month, then a level playing field at last.
skinny
- 02 May 2017 08:52
- 5131 of 5370
Citigroup Sell 69.27 55.00 63.00 Reiterates
HSBC Buy 69.27 75.00 76.00 Reiterates
Barclays Capital Overweight 69.27 77.00 77.00 Reiterates
HARRYCAT
- 05 May 2017 13:10
- 5132 of 5370
Blimey!.....70p....at last!
HARRYCAT
- 09 May 2017 09:04
- 5133 of 5370
Macquarie today reaffirms its neutral investment rating on Lloyds Banking Group PLC ORD (LON:LLOY) and raised its price target to 67p (from 65p).
skinny
- 12 May 2017 11:44
- 5134 of 5370
Berenberg Sell 68.35 55.00 55.00 Reiterates
VICTIM
- 12 May 2017 15:34
- 5135 of 5370
I'm hearing Woodford likes Lloyds and is buying in .
skinny
- 12 May 2017 15:37
- 5136 of 5370
From where?
VICTIM
- 12 May 2017 15:41
- 5137 of 5370
On interactive investor .
optomistic
- 12 May 2017 16:20
- 5138 of 5370
Woodford is not the only star fund manager to speak highly of Lloyds in recent weeks. Old Mutual Global Investors head of UK equities and chief executive Richard Buxton is bullish on banks, saying that they have taken their medicine and emerged from the credit crisis as good, cheap businesses.
“Lloyds is my favourite UK bank, on our calculations soon it will be paying a 6p dividend on a stock worth 64p. That is a 10% yield. That is unsustainable so you will get a re-rating of the share price,” he said. “Lloyds offers income and growth.”
Buxton considers Barclays to be undervalued, and says that HSBC is trading at fair value but is well positioned to benefit from rising US interest rates because of its global business model.
skinny
- 13 May 2017 08:58
- 5139 of 5370
iturama
- 15 May 2017 07:50
- 5140 of 5370
Government is expected to complete its sale of shares in Lloyds this week.
HARRYCAT
- 15 May 2017 12:20
- 5141 of 5370
Deutsche Bank today:
"We upgrade Lloyds from Hold to Buy driven by 4 areas:
1) following 4 quarters of successive reductions, NII is now growing;
2) though below the line charges are not over (we forecast another £1bn of PPI + £1bn for other redress) the worst should be past and we expect statutory earnings to trend to u/l by 2019,
3) Dividends: the strong 1Q17 CET1 of 14.3% and maintained guidance of 13% req means that Lloyds should be in a position to pay 4.65p dividends in 2017e, rising to 5.9p in 2019e, or consider buybacks.
4) Valuation: Lloyds is trading at a 1.26x TNAV for 6-7% yield and 12.3% RoTE vs. Europe at 1.13x TNAV, 10% RoTE and 5-6% div yield. We think the stock too cheap, TP 79p. BUY"
iturama
- 16 May 2017 18:00
- 5142 of 5370
Reuters reports that the sale of the Government's remaining stake in Lloyds will be announced tomorrow.
HARRYCAT
- 16 May 2017 20:04
- 5143 of 5370
According to BBC news this evening, HMG sold it's remaining shares today, so onwards & upwards......hopefully!
HARRYCAT
- 17 May 2017 06:16
- 5144 of 5370
Though, according to Reuters:
"Britain is set to sell its remaining stake in Lloyds Banking Group (LLOY.L) on Wednesday, making the lender the first to re-emerge from British state ownership in a symbolic step for the country's recovering banking sector.
The sale will draw a line under one of the largest bailouts from the 2007-2009 global financial crisis. This involved Lloyds, Britain's biggest retail lender, being rescued after an ill-fated government-brokered takeover of rival HBOS.
The takeover of HBOS in 2008 caused Lloyds to suffer more than 25 billion pounds in losses and the bank's subsequent rescue cost the British government more than 20 billion pounds ($26 billion) and left it with a 43 percent state shareholding.
This holding has gradually been sold back into the market over and now represents less than 1 percent of Lloyds shares. About half of the 137 billion pounds of direct cash injected into Britain's five bailed-out banks has so far been recovered.
Britain will make at least a 500 million pound profit from its bailout of Lloyds, the bank's chief executive Antonio Horta-Osorio said last week."
skinny
- 17 May 2017 08:22
- 5145 of 5370
Also Reuters -
Lloyds new era begins as government sells off final shares
Britain has sold its last remaining stake in Lloyds Banking Group (LLOY.L), making the lender the first to re-emerge from British state ownership in a symbolic step for the country's recovering banking sector.
The sale draws a line under one of the largest bailouts from the 2007-2009 global financial crisis. This involved Lloyds, Britain's biggest retail lender, being rescued after an ill-fated government-brokered takeover of rival HBOS.
more.....
iturama
- 17 May 2017 08:41
- 5146 of 5370
António Horta Osório interview on Bloomberg shortly.