Analysts say Lloyds’ share price could hit £…
After years of sideways trading, Lloyds’ (LSE: LLOY) share price has experienced an explosive ‘breakout’ this year. Currently, it’s up about 50% year to date and trading at levels not seen since 2015.
Can the bank’s share price keep rising? City analysts seem to think so. Here’s a look at where they see the stock heading over the next year or so…
Lloyds’ huge share price gains this year have been fuelled by a combination of factors.
For a start, persistently high interest rates in the UK have allowed the bank to earn an attractive return on its loans (when rates are higher, banks can generate a wider spread between borrowing and lending rates and earn more profit). For the…
