Lloyds Strong 3Q Results Should Drive Forecast Upgrades -- Market Talk
Lloyds Strong 3Q Results Should Drive Forecast Upgrades -- Market Talk
1031 GMT - Lloyds Banking Group's results for the third quarter were stronger than the market anticipated and will drive upgrades to consensus, Citi says. The FTSE 100 bank will benefit from high-single-digit upgrades to 2021 consensus earnings per share and low-to-mid single digit upgrades to 2022-23 consensus earnings per share, Citi says. The U.S. bank also notes that Lloyds's costs for the period were lower than expected. "Overall we view these as a very good set of results. Lloyds is one of our top-picks in the sector," Citi says. The bank has a buy recommendation on the stock and a target price of 77 pence a share. Shares are up 1.5% at 49.72 pence. (sabela.ojea@wsj.com; @sabelaojeaguix)
1031GMT-花旗表示，勞埃德銀行集團(Lloyds Banking Group)第三季度的業績強於市場預期，將推動各方達成共識。花旗表示，富時100指數(FTSE 100)成分股銀行將受益於高個位數升級至2021年共識每股收益，以及中低個位數升級至2022-23年共識每股收益。這家美國銀行還指出，勞埃德銀行在此期間的成本低於預期。花旗表示：“總體而言，我們認為這些業績非常好。勞埃德銀行是我們在該行業的首選之一。”該行對該股有買入建議，目標價為每股77便士。該公司股價上漲1.5%，至49.72便士。(sabela.ojea@wsj.com；@sabelaojeaguix)
譯文內容由第三人軟體翻譯。