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What Does The Future Hold For The Lloyds Banking Share Price?

Published 03/12/2020, 08:09
Updated 09/07/2023, 11:32
LLOY
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The Lloyds Banking (LON:LLOY) share price has risen by 39.2% over the past month and it’s currently trading at 38.745. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.

According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Lloyds Banking currently has:

  • 4 Buy recommendations
  • 7 Hold recommendations
  • 0 Sell recommendations

This suggests that analysts are generally positive about the outlook.

What else can I look at?

At its current price of 38.745, shares in Lloyds Banking are trading at a discount of -47.4% to its 52 week high price. The 1-year performance of the shares has been -34.5%.

Disclaimer: These articles are provided for information purposes only. The content is not intended to be a personal recommendation. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. The author has no position in the stocks mentioned, unless otherwise stated.

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