Lloyds share price: what’s the outlook for 2020?

The UK banking environment is still mired by a myriad of headwinds, but analysts from Morgan Stanley remain optimistic about Lloyds share price 2020.

UK bank stocks have seen significant volatility over the last 12 months, with the market reacting to rising trade tensions, a slowdown in the global economy and of course Brexit.

Lloyds saw its share price fall to 48p a share in August only to climb some 20% since then to trade at 58p a share as of 13:05 GMT on Tuesday.

The stock owes its late flurry in 2019 to the Conservative Party securing a decisive victory in the UK general election, ensuring Brexit will be delivered and bringing an end to three years of uncertainty over how, when and even if the UK will leave the EU.

Looking to trade Lloyds and other UK bank stocks? Open a live or demo account with IG.

Expect more volatility in 2020 for UK bank stocks

Lloyds and its UK peers will likely see more stock market volatility in 2020, with the Brexit process yet to be concluded and likely to take another 12 months to complete.

In 2020, Lloyds will also have to contend with many of the same challenges that plagued it and its rivals last year, with low interest rates and a highly competitive mortgage market likely to hinder its performance.

Morgan Stanley optimistic about Lloyds share price outlook

Despite the challenges Lloyds faces this year, analysts from Morgan Stanley remain upbeat about the stock, with the US-based investment bank reiterating its ‘overweight’ rating and issuing a 75p price target in January.

Based on Lloyds trading at 58p a share, analysts at Morgan Stanley believe the stock has a potential upside of 29.3%.

You can go long or short Lloyds with IG using derivatives like CFDs and spread bets.


This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

Seize a share opportunity today

Go long or short on thousands of international stocks.

  • Increase your market exposure with leverage
  • Get spreads from just 0.1% on major global shares
  • Trade CFDs straight into order books with direct market access

See opportunity on a stock?

Don’t miss your chance. Try a risk-free trade in your demo account, and find out whether your hunch could have paid off.

  • Log in to your demo
  • Try a risk-free trade
  • See whether your hunch pays off

See opportunity on a stock?

Don’t miss your chance. Upgrade to a live account to take advantage.

  • Trade a wide range of popular global stocks
  • Analyse and deal seamlessly on fast, intuitive charts
  • See and react to breaking news in-platform, when it matters

See opportunity on a stock?

Don’t miss your chance. Log in to take advantage while conditions prevail.

Live prices on most popular markets

  • Forex
  • Shares
  • Indices
Bid
Offer
-
-
-
-
-
-
-
-
-
-
Bid
Offer
Bid
Offer
-
-
China 300
-
-

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Sunday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.


For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.