RE: 49p to buy16 Jan 2020 16:22
Morgan Stanley optimistic about Lloyds share price outlook
Despite the challenges Lloyds faces this year, analysts from Morgan Stanley remain upbeat about the stock, with the US-based investment bank reiterating its ‘overweight’ rating and issuing a 75p price target in January.
Based on Lloyds trading at 58p a share, analysts at Morgan Stanley believe the stock has a potential upside of 29.3%.