Lloyds Banking Group (LLOY)

Sector:

Banking

Index:

FTSE 100

54.54p
   
  • Change Today:
      0.24p
  • 52 Week High: 54.64
  • 52 Week Low: 39.76
  • Currency: UK Pounds
  • Shares Issued: 63,082m
  • Volume: 141,611,333
  • Market Cap: £34,405m
  • RiskGrade: 208

RBC Capital Markets upgrades Lloyds, downgrades NatWest

By Michele Maatouk

Date: Friday 25 Nov 2022

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets upgraded Lloyds on Friday, but downgraded its stance on shares of NatWest.
Lloyds was lifted to 'outperform' from 'underperform' and the target price boosted to 57p from 44p.

RBC said it expects the market will start to reward Lloyds for better cost control and asset quality versus peers. It said the stock's valuation screens "as attractive", hence the upgrade, and the target price implies 24% upside.

RBC cut NatWest to 'sector perform' from 'outperform' and reduced the price target to 290p from 300p. It said its call was "anti-consensus".

"Whilst valuation remains attractive, we see the potential for more upside elsewhere," it said. "Earnings momentum from higher rates may have peaked, and we worry about the bank's cost trajectory in FY23."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Lloyds Market Data

Currency UK Pounds
Share Price 54.54p
Change Today 0.24p
% Change 0.44 %
52 Week High 54.64
52 Week Low 39.76
Volume 141,611,333
Shares Issued 63,082m
Market Cap £34,405m
RiskGrade 208

Lloyds Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
86.40% above the market average86.40% above the market average86.40% above the market average86.40% above the market average86.40% above the market average
29.41% below the sector average29.41% below the sector average29.41% below the sector average29.41% below the sector average29.41% below the sector average
Price Trend
78.73% above the market average78.73% above the market average78.73% above the market average78.73% above the market average78.73% above the market average
5.88% below the sector average5.88% below the sector average5.88% below the sector average5.88% below the sector average5.88% below the sector average
Income
93.69% above the market average93.69% above the market average93.69% above the market average93.69% above the market average93.69% above the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Growth
60.06% above the market average60.06% above the market average60.06% above the market average60.06% above the market average60.06% above the market average
52.94% above the sector average52.94% above the sector average52.94% above the sector average52.94% above the sector average52.94% above the sector average

What The Brokers Say

Strong Buy 5
Buy 5
Neutral 6
Sell 1
Strong Sell 0
Total 17
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Lloyds Dividends

  Latest Previous
  Final Interim
Ex-Div 11-Apr-24 03-Aug-23
Paid 21-May-24 12-Sep-23
Amount 1.84p 0.92p

Trades for 14-May-2024

Time Volume / Share Price
16:26 7 @ 54.54p
16:26 7 @ 54.54p
16:26 3 @ 54.54p
16:26 3 @ 54.54p
16:26 20 @ 54.54p

Lloyds Key Personnel

Chair Robin Budenberg

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