Lloyds Share price 55p?????????24 Sep 2015 19:51
I see Bergen Bank London/Germany Is still predicting a substantial price drop for well over 1 year now. It would appear they are trying to promote the price share of Lloyds Bank down to 55p. The question has to be asked
are they really assessing this bank, or trying to score points for political reasons? Lloyds are not perfect by any means, but when there is scope for a 6/7% dividend their bias reports are at the very least annoying and damaging. When will they adopt a more positive view? They should realise that with well over 100 analysts predicting a surge in the share price now, they should grasp that it is the market, to a large extent, that decides the share price, not unrecognised analysis which many laymen just do not understand. It is the market that decides, to a large extent, the prevailing price. True one day maybe down the line, say in 10 years time when we may have reached rock bottom of an economic cycle, they maybe right.
I hope their continuing drumming of a "bear" share will stop as how many poor investors have taken their advice and sold during the 2014/5 "bull" market. Come on Bergen Bank, play the game fairly. You do have a paper 'slot' to voice your opinion but sadly many of us do not.