Lloyds Shocks As Payment-Protection Insurance Nears £10bn
Lloyds Banking Group PLC (ADR) (NYSE:LYG) (LON:LLOY) gets a Hold rating from Investec analyst Ian Gordon despite the bank reporting a fourth consecutive year of negative earnings.
Ian Gordon of Investec in the recent report titled “No earnings = no dividends. Paradise lost or just postponed?” however retains Lloyds Banking Group PLC (ADR) (NYSE:LYG) (LON:LLOY) target price at 85p and prefers Lloyds to Royal Bank of Scotland Group plc (NYSE:RBS) (LON:RBS) (AMS:RBS). SORRY! This content is exclusively for paying members. If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.
Lloyds dragged by PPI charge