Broker Recommendations

Shore Capital downgrades Lloyds Banking Group to 'sell' after strong run

By Michele Maatouk

Date: Monday 02 Feb 2026

(Sharecast News) - Shore Capital downgraded Lloyds Banking Group to 'sell' from 'hold' on Monday following a strong run that has left the shares fully valued, but lifted the price target to 91p from 84p.
The broker said Lloyds' full-year results showed better-than-expected profitability primarily due to a lower-than-expected impairment charge...

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