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Lloyds Banking Group PLC (LLOY)

London
Currency in GBP
Disclaimer
52.02
+0.35(+0.68%)
Real-time Data

LLOY Price Commentary

I'm confused. Only good news and target price raised but steady decrease in share price??
over the last 2 sessions this is on par with Barclays bank, there are concerns in the market overall, both Dow and FTSE, yes lloyds seems to have hit a roof here for now, it's had a sustained rise over the passed couple months, stocks never move up in a straight line, if your really concerned maybe sell, but I'm going to hold here, I still believe with rising interest rates, a powerful housing market, potential further draw downs on the covid funds set aside. there is plenty of long-term positives.
oh not to mention hopefully full divided reinstatement very soon, just to offset this slightly, with stamp duty break, furlough scheme both wrapping up soon, there are still some negatives to negotiate but I still think 60-65p is very achievable.
welcome to the stock market all Lloyd's great gains have been wiped out. This is becoming a swing trade not a long term investment in this very strange stockmarket
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