Is Lloyds’ share price REALLY that cheap? I don’t think so!
Is Lloyds’ share price REALLY that cheap? I don’t think so! ... More.
Lloyds’ share price continues to attract attention from value chasers. But our writer Royston Wild thinks the bank could be a costly investment tr
A..
t first glance, the Lloyds Banking Group share price offers outstanding value, at least on paper.
The Black Horse Bank trades on a forward of 8.7 times. This is comfortably below the FTSE 100 average of 11 times. Its of 5.8%, meanwhile, soars above the Footsie average of 3.5%.
But scratch a little deeper, and suddenly the FTSE bank doesn’t seem like a brilliant bargain. So just how cheap are its shares? And what should I do now?
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