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

I think the market reaction to recent results has been overdone.

Lack of share buybacks being cited as a reason. Share buy backs dont mean a stuff to me! If a well run business such as Lloyds doesn't know how to use its billions of a cash pile to add value to its business, then we really don't have much confidence at all!

Lloyds cash pile makes me feel comfortable that its dividend can be maintained. Earnings growth can improve in improving investment markets. Organic growth is well funded.

I don't want a share buyback that disappears into the mathematical ether! I dont trust the mechanics of the market to show value in the share price.

I want an 8% dividend in my bank account every year!!!! It's real, I can see it and spend it.

A share price of 5-6 would also be nice!

Hadn't been concentrating, saw the drop this morning (Xd)and got worried! All the posts and tips in the press seem positive about LLoyds, the fundamentals are good and it seems to just be a bit less advanced at relieving its customers of cash than the likes of HSBC. But they seem to be improving this with new products, 550+ by the end of the year

Ex-div drop was less than I expected, but I intend to top up with Aprils ISA allowance.

That dividend with potential for capital growth in the share price is just too good.

Chart looks a bit ugly down to 412pence, but if that holds, I think the next year will be very positive for investors.

We are moving into a stronger growth phase in the economy generally, economic activity is picking up a head of steam, & IMHO I think banks will benefit.

Finished the day strongly.

I think compounding by taking the half yearly dividends in new shares will deliver a significant return over the next year.

Stock looks pretty cheap on fundamental measures, p/e in singles figures and yielding 7-8%.

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.