Lloyds Banking Share Discussion Threads

[jl5006] 05/7/2022 18:49

And the Carrie I knew - FFS - who the F i she?

[drew lonmenob] 05/7/2022 18:44

Vermin will be gutted when Boris is gone.The tories might replace him with someone vaguely useful.

[jl5006] 05/7/2022 18:39

Pointless JS when the media undermines all things.

Time to stop the pyrannah reprting!

[polar fox] 05/7/2022 18:39

BBC: Patel said to be about to resign.

[joestalin] 05/7/2022 18:35

I would expect to be able to elect the Head of State.

Then I would call it democracy.

[smurfy2001] 05/7/2022 18:29

Number 10 cat resigns.

[jl5006] 05/7/2022 18:27

K38

what would expect from democracy - so called - in UKr

[k38] 05/7/2022 18:27

Boris to replace Javid and sunak with ukranian 'politicians'......Lol

[jl5006] 05/7/2022 18:25

Something to do with bottom tweeking.

guess neither up to the job - just who is - not Jeremy the c?

[jl5006] 05/7/2022 18:17

Javid and sunak quit!!!

[freddie01] 05/7/2022 18:17

Sunak gone now.

[freddie01] 05/7/2022 18:14

Sajid Javid resigns.

[polar fox] 05/7/2022 18:14

Javid and Sunak have resigned. WOW.

[smurfy2001] 05/7/2022 18:11

Porsche, calm yourself down.

[hardup1] 05/7/2022 17:44

After 88 trading days, buyback complete to date:
Total shares cancelled to date..................2,931,137,055
Total Cost to date.............................£1,316,786,004.41
Percentage of £2 billion buyback completed.....65.84%
Average price paid per share to date is........44.924p

[richie1218] 05/7/2022 16:51

CS still pushing Lloy but i'm not sure about their "target price" for Lloy though but hey you never know :-)

CREDIT SUISSE SEES VALUE IN UK BANKS, LLOYDS REMAINS 'TOP PICK'
5 July 2022 10:57
(Sharecast News) - Analysts at Credit Suisse sounded a bullish note for UK banks, explaining to clients that they now expected upgrades to lenders' guidance for net interest margins and net interest income.
That they said was because their own house view had evolved in the direction of higher interest rates and softer growth.

Lower growth and inflation meant that their target prices were unchanged.

Nonetheless, "where they exist, provision overlays can offer substantial downside protection to our house view."

In a research note sent to clients, analysts Omar Keenan and Alexander Demetriou remained at 'outperform' on Barclays (Target price: 245.0p), Lloyds (Target price: 245.0p) and NatWest (Target price: 300.0p).

But on HSBC they were at 'neutral' (Target price: 525.0p) and on StanChart at 'underperform' (Target price: 510.0p)

Furthermore, Lloyds remained their UK Banks top pick, as well as at the wider European level.

Financial markets were under-appreciating the potential for Lloyds's return on tangible equity, they said.

Ahead of the group's second quarter earnings. they estimated that Barclays's profit before tax would exceed consensus by the widest margin and HSBC by the least.

Their 2024 earnings per share estimates meanwhile were revised most positively for Lloyds and NatWest, due to the rates changes the analysts made were most positive for the pair and the two faced fewer market-related revenue headwinds.

Elsewhere, they only made minor changes ranging from 1-2.0%.

[cheshire pete] 05/7/2022 16:37

Diku: hard to disagree with your take on BoE pressure on banks today. The guy Bailey makes me nervous. Having underestimated inflation a few months back, he may also be underestimating the pressure banks will come under in times ahead. Have reluctantly sold Lloyds in ISAs. Hope I'm wrong and have kept 40% in trading account. We all know who suffers if banks come under pressure...still remember Brooon and HBOS. Hope this time it is different though.