Lloyds shares: here are the latest dividend and share price forecasts!
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A steady easing of interest rates has driven Lloyds (LSE:LLOY) shares sharply higher over the last year.
At 76.2p per share, the FTSE 100 bank has risen an impressive 36% in value. Investors have piled in on hopes that looser Bank of England (BoE) monetary policy will stimulate the UK economy, which is critical for Lloyds given its limited overseas exposure.
Hopes of sustained interest rate reductions have also fed speculation of a strong housing market recovery, another key segment for the Black Horse bank.
Price forecasts
While Lloyds’ share price gains have been impressive, City analysts believe the bank’s bull run has more fuel in the tank.
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