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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: 55.02
Bid: 54.20
Ask: 55.26
Change: 0.00 (0.00%)
Spread: 1.06 (1.956%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 55.02
LLOY Live PriceLast checked at -

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Broker tips: Weir, Lloyds, SABMiller, Babcock

Tue, 01st Apr 2014 12:52

Canaccord Genuity has retained its 'buy' recommendation for engineer Weir Group on the back of a possible merger with Finnish peer Metso, saying that "this deal has the potential to be very exciting"."Our first thoughts are on a strategic basis, a deal would make considerable sense with scope for substantial synergies, but it would also need a substantial equity element to get the deal done whether it be through a merger or a rights issue to fund the transaction," said Canaccord analysts Harry Phillips and Rob Ellis.The recent weakness in Lloyds' shares has prompted Numis Securities to upgrade its rating on the stock to 'buy'.Numis pointed out that the bank's share price performance has been particularly weak since the government's share sale on March 26th and the stock now provides 30% upside to its 97p target price. "We upgrade to buy' (from 'add') and highlight Lloyds Banking Group in our UK monthly 'top-picks' published today," said Analyst Mike Trippitt.Fourth-quarter trading at beverages giant SABMiller could be "challenging", according to Credit Suisse, which retained its 'neutral' rating on the stock on Tuesday morning. The bank said it has kept a "cautious short-term stance" on the shares with a target price of 3,100p."Whilst longer term we still expect SABMiller to outperform peers, in the immediate future we expect a deceleration in organic revenue growth to circa 3% in the fourth quarter (from 4% year-to-date and circa 7% over the past decade), which we believe could disappoint, particularly considering the stock's recent re-rating back to its circa 10% premium valuation versus its consumer staples peers," Credit Suisse said.Panmure Gordon has raised its recommendation for engineering group Babcock from 'hold' to 'buy' after the recent acquisition of Avincis and a potential nuclear decommissioning project. The broker has hiked its target price from 1,350p to 1,525p."While the current valuation is at the upper end of its historic trading range, we believe Babcock is in a strong position to outperform our forecast assumptions given its enhanced margin structure and improving levels of visibility in a number of different areas," Panmure said.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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