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Fly News Breaks for May 9, 2017
LYG
May 9, 2017 | 07:13 EDT
Bernstein analysts Chirantan Barua and Mark Burrows, named Lloyds to the firm's Conviction Shorts list. The bank is facing margin headwinds, including the end of deposit repricing and the termination of the Bank of England's funding, according to the analysts. They added that U.K. households are facing an "income squeeze," while the Street is underestimating the bank's risk. The analysts keep an Underperform rating on the shares.
News For LYG From the Last 2 Days
LYG
Apr 25, 2024 | 05:35 EDT
LYG
Apr 24, 2024 | 06:41 EDT
