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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

London Stock Exchange
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Share Price: 55.52
Bid: 55.34
Ask: 55.38
Change: -0.02 (-0.04%)
Spread: 0.04 (0.072%)
Open: 55.66
High: 55.78
Low: 55.16
Prev. Close: 55.54
LLOY Live PriceLast checked at -

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Broker tips: Lloyds, Glencore Xstrata, Bunzl...

Tue, 17th Sep 2013 11:21

The sale of a six per cent stake in Lloyds by the government was a 'very well-timed' disposal, according to Investec.Investec analyst Ian Gordon said: "We regard the government's timing as impeccable, and it appears credible to suggest that it could yet be out in full by the election." Nevertheless, the broker retained its 'sell' rating and 65p target price for the stock, highlighting that it trades at 1.4 times 2013 estimate tangible net asset value - "close to a near-five-year high".UBS has downgraded its rating for diversified mining giant Glencore Xstrata from 'buy' to 'neutral', raising concerns about the "challenging" price outlook for the company.The Swiss bank said: "While we are still attracted to GLENX's refreshing strategy and improving free cash flow profile, we expect its valuation to cap performance until the outlook improves for copper/coal prices."Deutsche Bank has raised its target price for distribution and outsourcing group Bunzl by over a fifth to include the benefit of potential merger & acquisition (M&A) activity.The target price has been raised by 22.9% from 1,160p to 1,426p. "We do not forecast earnings from future M&A, but have now incorporated an M&A benefit in our target price," the German bank said. Deutsche Bank reckons that future M&A could add 111p to its underlying target of 1,315p.Travel stocks were performing well on Tuesday after upbeat comments on the UK bus and rail markets from JPMorgan Cazenove. The US bank raised its ratings for both Go-Ahead (GOG) and Stagecoach (SGC) from 'neutral' to 'overweight'.Analysts Wenchang Ma and Christopher Combe said: "We upgrade GOG and SGC to 'overweight' on the back of: (1) high exposure to the more cyclical deregulated UK bus, a likely beneficiary of firming macro prospects mirrored by upward gross domestic product revisions; (2) sizeable upside potential from Rail, a small contributor to valuation today."BC
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23 Jun 2023 12:09

LONDON MARKET MIDDAY: Housebuilders bear brunt of rate hike worries

(Alliance News) - Stock prices in London were lower heading into Friday afternoon, as a poor week for equities continued, with investors fretting over the prospect of central banks keeping interest rates higher for longer.

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22 Jun 2023 07:00

UK banks to ramp up data sharing in dirty money crackdown

Lloyds, NatWest among major banks involved in trials -sources

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21 Jun 2023 17:18

London stocks fall after inflation data shock, homebuilders slump

UK's stubborn inflation fails to fall in May

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21 Jun 2023 11:57

UK's Hunt says banks must honour commitments on mortgage help

LONDON, June 21 (Reuters) - British finance minister Jeremy Hunt said on Wednesday that mortgage lenders had to live up to their commitments to help borrowers struggling with higher interest rates.

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20 Jun 2023 12:28

UK's Hunt to meet lenders to discuss mortgage forbearance

LONDON, June 20 (Reuters) - British finance minister Jeremy Hunt on Tuesday said he would meet major lenders later this week to ask them to show forbearance towards households who struggle to pay rising mortgage bills.

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9 Jun 2023 14:02

Broker tips: Hammerson, Lloyds, British Land, Landsec

(Sharecast News) - Barclays upgraded Hammerson on Friday to 'overweight' from 'underweight' and lifted the price target to 30p from 25p.

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9 Jun 2023 09:45

Citi removes Lloyds from 'EMEA Focus List', keeps at 'buy'

(Sharecast News) - Citi removed Lloyds Banking Group from its 'EMEA Focus List' on Friday as it pointed to headwinds in the second quarter.

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9 Jun 2023 09:38

LONDON BROKER RATINGS: Stifel thinks B&M shares offer value

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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8 Jun 2023 14:56

Broker tips; NatWest, Lloyds, Rio Tinto

(Sharecast News) - JP Morgan sees better risk reward in NatWest Group relative to Lloyds Banking Group, it said in a note published on Thursday on UK banks.

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8 Jun 2023 13:09

JP Morgan backs NatWest over Lloyds

(Sharecast News) - JP Morgan sees better risk reward in NatWest Group relative to Lloyds Banking Group, in a note published on Thursday on UK banks.

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8 Jun 2023 09:16

LONDON BROKER RATINGS: Citi likes Rio Tinto; JPMorgan raises Clarkson

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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8 Jun 2023 07:53

LONDON BRIEFING: Wizz Air expects return to profit in financial 2024

(Alliance News) - Stocks in London were set to open flat on Thursday, with market sentiment cautious amid fears that interest rates have further to rise across the globe.

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7 Jun 2023 10:41

UPDATE: Telegraph owners deny business poised for administration

(Alliance News) - The billionaire owners of the Telegraph newspapers have denied the business is on the brink of being put into administration amid reports that talks with lenders over long-standing debts have broken down.

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7 Jun 2023 07:52

LONDON BRIEFING: UK house prices fall; Diageo CEO Ivan Menezes dies

(Alliance News) - Stocks in London are called to open flat on Wednesday, as Chinese trade data raised concerns about a global economic slowdown.

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7 Jun 2023 06:10

PRESS: Lloyds to launch GBP600 million Telegraph auction - Sky News

(Alliance News) - Lloyds Banking Group PLC will hire bankers within days to launch a GBP600 million auction of the Telegraph newspapers and The Spectator magazine, according to a report by Sky News late Tuesday.

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