Lloyds Banking Group (LLOY.L) Buy, Sell or Hold

Lloyds Banking Group (LLOY.L)

55.68

-0.00 (0.00%)

as of Jun 24, 2024, 4:00:00 am Market Open.

14 watching

TRADE

It's had a good run the past year, but have they learned their lesson? The UK economy is not in great shape. Is a trade, not a buy.

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DON'T BUY

All banks have been clobbered. He'd rather buy a Canadian bank or MS. The UK housing market is a question mark for 12 months. Lloyds will bear loan losses heavier than its peers.

DON'T BUY

He doesn't recommend any European or UK banks. They were hoping to expand beyond mortgages (where they led) to investment products, personal lines of credit and small business loans. It's unclear they succeeded. There are a lot of banks in the UK and it's difficult to stand out. Also, Lloyds faces competition from the Americans who don't have a legacy loan book. Also, more of the UK/Euro market is moving to corporate bonds and away from whole loans. Lloyds is more of a personal lender, though.

HOLD

European banks have been feeling massive pain due to near-zero interest rates. If Brexit is finally resolved, it should help the UK pound and banks. Lloyd's is in pretty good shape. Hang onto it.

WEAK BUY

Brexit impacts? The Brexit overhand is likely already priced into UK equities. Lloyds tend to be a very domestic based bank, so if the economy lags there it will get hurt more than more international banks. Overtime, taking in a longer time view, you could probably buy here, but he would prefer a more international bank.

WEAK BUY

European banks are becoming more stable. It has had a good bounce as a hard Brexit is looking less likely. This is the best UK bank as it trades around book value. He would complement this along with a large US bank for growth and a Canadian bank for the dividend. Yield 3.6% plus an annual special premium.

WATCH

Has been badly beaten up recently. Has been watching it for 10 years. If Brexit happens, these are the names that will be sold at a discount and could be a good chance to snap up.

DON'T BUY

A UK retail bank. The entire sector is extremely cheap, or with interest rates going negative, they can't pass it on. One of the issues is whether BREXIT will happen or not. He prefers other banks. (Analysts’ price target is $68.81)

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HOLD

It's raising its dividend. This is exposed to the UK, so if you're negative about the UK, don't buy this. But if you own this and like the dividend, then stick with it. Once Brexit is sorted out, maybe the negative sentiment about the UK economy will dissipate.

DON'T BUY

ING vs. Lloyd's Got into trouble in financial crisis. UK-based bank, and the UK is in for a rough ride with Brexit. He'd avoid it. (Analysts’ price target is $74.21)

WEAK BUY

Lloyds vs. ING Bank among European banks Loves and owns ING. Their capital ratios look great. The Dutch government fined them in the last quarter. All Euro banks in the past were bailed out by government, but ING has come back in gangbusters. He prefers ING to Lloyds. Lloyds still has the Brexit overhang. All European banks are now cheap (book value, PE). Now is a buying opportunity both stocks.

BUY

He likes the European banks, and this one's in the U.K. Rising rates are a tailwind. They're years ahead of their European peers.

DON'T BUY

U.S. interest rates are rising, so European rates will follow--this will benefit financials with higher profits. He owns some European banks. There is upside with Lloyds. It has cleaned up its mess. If you're underwater here, you will be fine in the long run. You can buy it now and hold it.

TOP PICK

Really, really cheap and has a great yield of 5.3%. One of the best capitalized banks in all of Europe. They got pounded in this whole BREXIT thing. Have come up a little since then, but is still dirt cheap. Trading at about 7.7X multiple, which is cheaper than the US banks and cheaper than anything else. They are basically a capital return story. The yield is going to stay there or go higher. Thinks there is going to be a lot of upside.

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Lloyds Banking Group (LLOY.L) Frequently Asked Questions

What is Lloyds Banking Group stock symbol?

Lloyds Banking Group is a OTC stock, trading under the symbol LLOY.L (previously LLOY-LN on Stockchase) on the London Stock Exchange (LLOY-LN). It is usually referred to as LSE:LLOY or LLOY.L

Is Lloyds Banking Group a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on LLOY.L (previously LLOY-LN on Stockchase) on Stockchase. Read the latest expert commentary for Lloyds Banking Group.

Is Lloyds Banking Group a good investment or a top pick?

Lloyds Banking Group was recommended as a Top Pick by John Stephenson on 2016-07-14. Read the latest stock experts ratings for Lloyds Banking Group.

Why is Lloyds Banking Group stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Lloyds Banking Group.

Is Lloyds Banking Group worth watching?

Lloyds Banking Group is followed by 14 investors on Stockchase and is a trending stock that is worth watching.

What is Lloyds Banking Group stock price?

On 2024-06-24, Lloyds Banking Group (LLOY.L) stock closed at a price of $55.68.

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Lloyds Banking Group (LLOY.L)