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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

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Share Price: 51.20
Bid: 51.30
Ask: 51.34
Change: -0.58 (-1.12%)
Spread: 0.04 (0.078%)
Open: 51.42
High: 52.18
Low: 50.92
Prev. Close: 51.78
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Wednesday tips round-up: Meggit, JLT, RBS

Wed, 03rd Mar 2010 06:41

With every one cent decline in the pound against the US dollar adding £400,000 to defence group Meggitt's prospective pre-tax profits, currency moves alone have been enough to send current-year forecasts higher.Even so, profit progress in 2010 driven more by Meggitt's target of £50m of annualised cost savings rather than a rebound in sales. Meggitt entered recession with too much debt ? now £808m, which will be slow to work off ? and sales growth is uninspiring. At 295p, or 11 times earnings, the shares are up with events. Pass says the Times.Insurance broker JLT continues to grow faster than Aon, Marsh and Willis, its larger rivals, with a 5% rise in like-for-like sales implying rising market share. With profits set to receive a further fillip from a £14m cost-saving programme, at 500p, or 12 times 2010 earnings, and yielding 4.2%, buy on weakness says the Times.This year is likely to prove the low point for profits at ground preparation group Keller. It has built a strong presence in emerging markets, with revenues from Asia set to double this year after the purchase of Singapore's Resource Holdings, a piling contractor, in October. Equally, Keller continues to trade strongly in Australia and Eastern Europe. At 651p, off 24p, or ten times 2010 earnings, hold on says the Times.Royal Bank of Scotland, with a sizeable investment bank keeping the show on the road, faces similar regulatory issues to Barclays, while lacking the latter's talent and profits. RBS's results were better than some expected, and the gaffe-prone management are at least steadying the ship. But RBS is one to avoid says the independent. The paper also advises investors to hold Barclays and HSBC, while Lloyds is a speculative buy up to 75p.Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.
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24 Apr 2024 11:55

LONDON MARKET MIDDAY: Investors shake off pre-US inflation nerves

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24 Apr 2024 09:11

TOP NEWS: Lloyds profit squeezed by rising costs as revenue declines

(Alliance News) - Lloyds Banking Group PLC on Wednesday said first quarter profit slumped as the benefits of higher interest rates faded amid mounting costs.

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24 Apr 2024 09:04

LONDON MARKET OPEN: Reckitt up on strong start to 2024; Lloyds falls

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24 Apr 2024 07:42

LONDON BRIEFING: Lloyds profit takes hit; Jet2 cuts guidance

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24 Apr 2024 07:02

Lloyds Bank holds guidance as Q1 profit falls £28%

(Sharecast News) - Lloyds Bank held annual guidance despite a 28% fall in first-quarter profits due to lower net interest income and higher operating expenses, as competition for mortgages and savings squeezed margins.

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23 Apr 2024 10:43

Wednesday preview: US corporate results, Lloyds in the spotlight

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22 Apr 2024 09:04

LONDON BROKER RATINGS: Jefferies raises B&M to 'hold'

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19 Apr 2024 12:02

LONDON MARKET MIDDAY: Stocks down on Israel attack on Isfahan, Iran

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19 Apr 2024 09:26

LONDON BROKER RATINGS: Peel Hunt starts NatWest and Barclays at 'buy'

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19 Apr 2024 08:49

LONDON MARKET OPEN: European stocks slump amid Middle East escalation

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LONDON BRIEFING: Man Group assets up; 888 revenue above outlook

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18 Apr 2024 14:55

Nord Stream insurers deny policies covered war risks in UK lawsuit

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18 Apr 2024 07:52

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UK earnings, trading statements calendar - next 7 days

Thursday 18 April 
AJ Bell PLCTrading Statement
BHP Group LtdTrading Statement
Devolver Digital IncFull Year Results
Dunelm Group PLCTrading Statement
easyJet PLCTrading Statement
Foxtons Group PLCTrading Statement
HydrogenOne Capital Growth PLCFull Year Results
Keystone Law Group PLCFull Year Results
LBG Media PLCFull Year Results
Pod Point Group Holdings PLCFull Year Results
Rentokil Initial PLCTrading Statement
Segro PLCTrading Statement
Friday 19 April 
888 Holdings PLCTrading Statement
Man Group PLCTrading Statement
Monday 22 April 
Brave Bison Group PLCFull Year Results
Elixirr International PLCFull Year Results
Frenkel Topping Group PLCFull Year Results
South32 LtdQ3 Results
Ten Lifestyle Group PLCHalf Year Results
Tuesday 23 April 
Alliance Pharma PLCFull Year Results
Alphawave IP Group PLCFull Year Results
Anglo American PLCTrading Statement
ASA International Group PLCFull Year Results
Associated British Foods PLCHalf Year Results
Eleco PLCFull Year Results
GB Group PLCTrading Statement
Jupiter Fund Management PLCTrading Statement
Maintel Holdings PLCFull Year Results
Property Franchise Group PLCFull Year Results
Taylor Wimpey PLCTrading Statement
tinyBuild IncFull Year Results
Trellus Health PLCFull Year Results
Wednesday 24 April 
1Spatial PLCFull Year Results
abrdn PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Lloyds Banking Group PLCQ1 Results
Nichols PLCTrading Statement
PensionBee Group PLCFirst Quarter Results
PZ Cussons PLCTrading Statement
Reckitt Benckiser Group PLCTrading Statement
Sanderson Design Group PLCFull Year Results
Serica Energy PLCFull Year Results
Star Energy Group PLCFull Year Results
Tortilla Mexican Grill PLCFull Year Results
Tracsis PLCHalf Year Results
Warpaint London PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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