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home / news releases / lloyds reiterate buy after 18 correction and before


BCLYF - Lloyds: Reiterate Buy After 18% Correction And Before 2020 Stabilization

(We previously wrote about Lloyds as "Blue Sky Capital")

Introduction

Lloyds' (LYG) share price has been volatile since 2019, oscillating with investor sentiment on Brexit and other macro concerns. Shares rose approx. 40% from August to December, but have fallen by 18% thereafter:

Since our initial Buy rating in April 2019, shares are down 12.4% (in GBP, after dividends), significantly underperforming the FTSE All-Share index and Barclays (BCS), but significantly outperforming RBS (RBS) and HSBC (HSBC).

Buy Case Recap

Our Buy case has been

Read more ...

Stock Information

Company Name: Barclays PLC
Stock Symbol: BCLYF
Market: OTC
Website: barclays.com

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