Lloyds Banking Group plc
Long

Possible upside for Lloyds bank.

628
I've been watching an trading LLOY for the past 2/3 years. I believe the fundamentals to be excellent. 5% dividend approx and an internal revenue of 10 (forecasted to be 8 in 2019). The bank is highly profitable even with in this low interest rate environment. With the PPI repayment deadline in August 2019, this will only improve Lloyds profitability. And if a rate hike was to occur, the same would happen for the profitability of LLOY.

From a technical point. There has been extremely strong support at 50p. With the current price at approx 65p, there is another resistance level approaching. With the PPI repayment deadline approaching there could be further upside for LLOY.

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.