Excellent past couple of days here at the office. As posted on here re’ the stress testing both Lloyds and Barclays have had very decent rises, even RBS are on the up.
News may well be much better than expected re’ Lloyds performance/results. Hard one to call but the market seem to think that British banks are currently in a good position to deal with any double dip that may or may not come.
IF CURRENT TRENDS CONTINUE OVER THE NEXT WEEK OR SO EXPECT A PLETHORA OF NEW PRICE TARGETS FROM THE BROKERAGES.
KEEP THE FAITH WITH LlOYDS HUGELY UNDER-VALUED IN MY HONEST OPINION AND IT WILL NOT BE LONG BEFORE DIVIDENDS ARE RE-INSTATED HOLD FOR THE LONG TERM.