Lloyds Banking Group

NAV upgrade on improved macro perspectives

15/01/26 -"The increase in the SOTP derives from slightly improved earning projections (driven by a 5bp reduction in the cost of risk to 25bp), combined with increased valuation multiples (driven by reduced ..."

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65
Language
English
Published on
15/01/26
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EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

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