2 things that could sink the Lloyds share price in 2025

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Lloyds (LSE: LLOY), I think it is fair to say, had a good run in 2024. The share price is now 35% higher than it was just one year ago, with a 5% dividend yield to boot.

Yet the Black Horse bank trades on a price-to-earnings (P/E) ratio of 8. That may make it look cheap, but I see a number of risks I fear could bring the Lloyds share price crashing down this year – and put me off investing in it.

Weak uncertain economic outlook could be bad news for banks

First is the obvious one. The economy. For now, it may not exactly be humming, but it is at least moving along without spluttering too much.

I reckon that could change, though. There is a high level of geopolitical uncertainty…

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