Before we dive into the Lloyds Banking Group share price forecast, let’s quickly recap how the company has been performing so far in 2020. The reasons for this steep drop have varied over time. Lloyds share price. I think with the Lloyds share price having a P/E of under 10 that it could offer good value for money. Widespread fear of the UK embarking on an economically-calamitous no-deal Brexit, first in March and then in October, gave way to huge relief as lawmakers in London and Brussels eventually kicked the can down the road. Follow live updates on share prices, bonds, commodities and currencies from UK and global markets and find the latest financial news. The value of stocks and shares and any dividend income, may fall as well as rise, and is not guaranteed so you may get back less than you invested. Lloyds (LON: LLOY) shares have fallen by over 50% this year. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Bank stocks tumble: Small investors hit by a double whammy as Britain's big banks cancel dividends and their share prices fall. Click here for The Motley Fool UK’s resources on Coronavirus and the market. In fact, with the UK economic growth currently flailing at nine-year lows, it looks as if the Bank of England will be forced into reducing rates back towards recent all-time troughs of 0.25% in the months ahead. Shares of other banks like Barclays, Standard Chartered, and HSBC declined by more than 1%. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Top UK shares for 2021! Though following its decision to axe its share buyback programme in September, investors clearly need to be prepared given its patchy profits outlook and creaking balance sheet. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, administrative costs, withholding taxes, different accounting and reporting standards, may have other tax implications, and may not provide the same, or any, regulatory protection. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations. About Us | Contact Us | Fool Careers | The Fool UK Team | Legal Information | Disclaimer & Disclosure | Privacy & Cookie Statement | GDPR | Terms & Conditions | Site Map. The Motley Fool UK has recommended Lloyds Banking Group. Yet just because it is a popular stock, does not mean that it is a certain buy. More on that in a moment. We do not provide personal advice neither will we arrange any product on your behalf. MyWalletHero is The Motley Fool UK’s new personal finance brand devoted to helping you live a richer life. Overall, we would need a succession of good news events to see the Lloyds share price doubling in 2021. If you require any personal advice or personal recommendation, please speak to an independent qualified financial adviser. The renowned analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW. As the UK’s largest mortgage lender, Lloyds shares have suffered more than most. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit! The Financial Ombudsman Service and Financial Services Compensation Scheme may consider certain investment related claims. The Lloyds share price is in free-fall. And with both sides driving a hard bargain, it’s quite possible the UK will slide off that cliff edge on December 31 2020. The Motley Fool Ltd is an appointed representative of Richdale Brokers & Financial Services Ltd who are authorised and regulated by the FCA (FRN: 422737). Could the Lloyds share price really have further to fall? Given the prospect of low interest rates and Brexit-related chaos rolling into the new year, it’d be foolhardy not to consider the possibility that Lloyds will hack back the dividend in 2020. Another reason for the Lloyds drop is down to its weak 2019 results, which were released last week. The LLOY share price plunged from 67.25 GBX on December 16, 2019, to 27.73 GBX on April 3, 2020, shedding more than a half of its value.. Since then, it has experienced a drop in value due to Brexit volatility. To help you make the best choice possible, our sister site - MyWalletHero, has reviewed and ranked some of the UK's top share dealing brokers. Indeed, it’s down 16% so far this The post Why I think the Lloyds share price could double in 2021 appeared first on The Motley Fool UK. Firstly, we have to acknowledge the undeniable influence of the coronavirus and the market wide sell-off that it has caused. Lloyds share price underperformance. Lloyds shares have been a disappointment in 2018, so far. My Santa Claus portfolio of cheap shares for 2021: one naughty and one nice! The post Lloyds’ share price has fallen below 30p. Under the latest extension, we’ll be leaving on January 31. However, it is not only Lloyds that has been doing poorly lately. Negative interest rates and Lloyds share price. Because we're offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our 'no quibbles' 30-day subscription fee refund guarantee. It is a good long-term buy at 47p, but I think you could be buying it at levels around 40p soon and that is even better! Lloyds share price underperformance The bank has had to deal with its fair share of problems in that time, from the fallout over the 2016 Brexit vote, lower interest rates, as well as more provisions in respect of PPI. What's more, we firmly believe there's still plenty of upside in its future. Any opinions expressed are the opinions of the author only. Top stocks for 2021: I’d buy these 2 cheap UK shares in my ISA to make a million! Lloyds share price declined by more than 2% as the market reacted to new bond yields in the UK. The post Lloyds’ share price has … In this FREE STOCK REPORT, The Motley Fool UK's Managing Director Mark Rogers and his analyst team just revealed what they believe is a "Top Growth Share" that they think savvy investors should buy today, while they still can. We have taken reasonable steps to ensure that any information provided is accurate at the time of publishing. Brokers forecast a 2% earnings drop in 2020 although there’s plenty of scope for this to be seriously downgraded, certainly in my opinion. On most days it ranks in the top five most traded stocks within the FTSE 100 index. In this capacity we are permitted to act as a credit-broker, not a lender, for consumer credit products. According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…. I’m bullish over Lloyds for 2021 either way. What's more, we firmly believe there's still plenty of upside in its future. In May 2015, Lloyds’ share price traded at 89.5p. For starters, Lloyds is among the biggest banks in the United Kingdom. Starting the year at 68p, Lloyds share price has fallen to 57p today – a year-to-date fall of 16%. The content provided in this article has not taken into account the circumstances of any specific individual, and does not constitute personal advice or a personal recommendation for any individual; neither should it be relied upon by any individual when making an investment decision. You should not invest any money you can’t afford to lose and should not rely on any dividend income to meet your living expenses. Royston Wild | Friday, 15th November, 2019 | More on: LLOY. No liability is accepted by the author, The Motley Fool Ltd or its Officers, or Richdale Brokers and Financial Services Ltd or its Officers, for any investment loss, or any other loss or detriment experienced by any individual for any investment decision, whether consequent to, or in any way related to this content, the provision of which is an unregulated activity. Looking forward, a final reason the share price is falling is due to the outlook for the bank. Rolls-Royce shares: here’s what I think is next. Registered in England & Wales. Lloyds Banking Group (LSE: LLOY) has long been a popular stock to hold for retail investors. It’s important to stress that the alarm bells aren’t ringing just yet, and City analysts certainly believe the Black Horse Bank will keep growing annual payouts through to the end of next year (a 3.6p per share reward is currently predicted, resulting in a 6.1% yield). In this FREE STOCK REPORT, The Motley Fool UK's Managing Director Mark Rogers and his analyst team just revealed what they believe is a "Top Growth Share" that they think savvy investors should buy today, while they still can. Here’s your chance to discover exactly what has got our Motley Fool UK analyst team all revved up about this ‘pure-play’ online business (yes, despite the COVID pandemic!). Any performance statistics that do not adjust for exchange rate changes are likely to result in inaccurate real returns for sterling-based UK investors. I write this as someone who believes Lloyds can still be one of the most exciting stocks on the FTSE 100.It has so much going in its favour. Stock to hold for retail investors, Charts, trade History, share Chat, financial Glossary... Their share prices fall 2020 | more on: LLOY new Street,! Likely following the release of inflation data today 11 months to broker trade... 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