This summary was created by AI, based on 1 opinions in the last 12 months.
Lloyds Banking Group has demonstrated a positive performance over the past year, showing resilience in its market position. However, the prevailing sentiment among experts suggests caution, as concerns about the UK economy loom large. It appears that while the bank has had a solid run, uncertainties surrounding economic conditions may impact its future trajectory. Experts advise treating this stock as a trade opportunity rather than a long-term buy, indicating that there might be better prospects elsewhere or that the current price is not justified considering the economic environment. A prudent approach may involve monitoring the bank's performance in conjunction with broader economic indicators before making substantial commitments.
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.
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.
Lloyds Banking Group is a OTC stock, trading under the symbol LLOY-LN on the London Stock Exchange (LLOY-LN). It is usually referred to as LSE:LLOY or LLOY-LN
In the last year, there was no coverage of Lloyds Banking Group published on Stockchase.
Lloyds Banking Group was recommended as a Top Pick by on . Read the latest stock experts ratings for Lloyds Banking Group.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered Lloyds Banking Group In the last year. It is a trending stock that is worth watching.
On 2024-06-24, Lloyds Banking Group (LLOY-LN) stock closed at a price of $55.68.
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.