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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: 55.92
Bid: 55.88
Ask: 55.92
Change: -0.28 (-0.50%)
Spread: 0.04 (0.072%)
Open: 55.98
High: 56.06
Low: 55.82
Prev. Close: 56.20
LLOY Live PriceLast checked at -

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Broker tips: Rolls-Royce, Wolseley, Banks

Thu, 28th Jul 2011 12:51

"Trading is now improving" at Rolls-Royce, according to RBS, which keeps its positive stance on the aerospace, power systems and defense group with a buy recommendation."Our impression of the 1H11 result and the outlook comments is that Rolls-Royce is essentially on course," said analyst Sandy Morris."With activity on new aircraft engine programmes starting to rise and new production facilities coming on stream, there must inevitably be some associated launch costs and start-up costs, but momentum is building. Further, we now firmly believe that [original equipment] demand in the Marine division has begun to recover," Morris said.The broker stays with a 750p target price.UBS has upgraded Wolseley from neutral to buy after the plumbing and heating products firm recently completed its portfolio restructuring.Earlier this week, Wolseley announced the sale of Build Center and Brosette to Saint Gobain. "[This] largely completes Wolseley's portfolio restructuring, with the largest problem businesses now divested," UBS said."We believe that post the successful divestments, management can solely focus on the core businesses both in terms of organic growth initiatives and acquisitive growth."The target price stays at 2,165p."The market is preoccupied with concerns over sovereign debt, and ring fencing in the UK," suggests analysts at Credit Suisse who have today decided to mark down their price targets slightly for three banks, Barclays, Lloyds and RBS. Barclays: Analysts have lowered the price target to 315p, versus the 325p previously foreseen.Lloyd's Banking Group: The bank's price target has been taken down to 50p, from 55p before. Royal Bank of Scotland: CS analysts have lowered their price target to 40p, from 42p. BC
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26 Jun 2023 16:28

UK finance minister Hunt says banks are slow to pass on rate hikes to savers

LONDON, June 26 (Reuters) - Britain's finance minister Jeremy Hunt said on Monday that banks are too slow to pass on increases in central bank interest rates to savers and this is a problem that needs to be resolved.

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26 Jun 2023 11:57

LONDON MARKET MIDDAY: Risk-off amid higher rates, Russia instability

Alliance News) - Stock prices in London were lower at midday on Monday, as an aborted uprising in Russia over the weekend and hawkish moves from central banks over the past two weeks caused investors to tread carefully.

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26 Jun 2023 10:10

JPMorgan downgrades Lloyds to 'underweight'

(Sharecast News) - JPMorgan Cazenove downgraded its stance on Lloyds on Monday as it took a look at UK banks.

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26 Jun 2023 08:55

LONDON BROKER RATINGS: JPMorgan cuts Lloyds Banking to 'underweight'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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26 Jun 2023 07:56

LONDON BRIEFING: Stocks firm; Aston Martin signs Lucid, Mercedes deals

(Alliance News) - Stocks in London were set to start the new week marginally lower, with financial markets unfazed by a failed revolt by a mercenary army in Russia over the weekend.

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26 Jun 2023 07:40

Broker tips: Lloyds, Cranswick, On The Beach

(Sharecast News) - JPMorgan Cazenove downgraded its stance on Lloyds on Monday as it took a look at UK banks.

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23 Jun 2023 15:50

UK banks agree limited mortgage relief measures for stressed borrowers

LONDON, June 23 (Reuters) - British banks agreed on Friday to give homeowners who miss mortgage payments a year of grace before foreclosing and to protect credit scores of borrowers who change loan terms, as the government sought to ease the strain of rising interest rates.

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23 Jun 2023 14:15

UK Chancellor Hunt agrees measures with banks to cool mortgage crisis

(Alliance News) - UK Chancellor Jeremy Hunt has agreed measures with lenders aimed at helping mortgage holders struggling with high interest rates, but has resisted offering government support.

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23 Jun 2023 13:12

UK's Hunt: Agreed measures with banks to ease mortgage payments strain

LONDON, June 23 (Reuters) - British finance minister Jeremy Hunt said he had agreed new measures with bank lenders on Friday to help ease the pressure on mortgage holders of raising interest rates.

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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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