Can Lloyds Bank shares hit this target?
After one of the best year's in a long while, the lender's share price rally has stalled. Independent analyst Alistair Strang checks his charts for hints at future direction.
20th October 2025 07:51
by Alistair Strang from Trends and Targets
We reviewed Lloyds Banking Group (LSE:LLOY)three weeks ago, the share price doing very little of interest in the period since. So far, it has failed to reach our initial 88p target, the rise stalling at 86.8p and now looking like some weakness risks making itself known.
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Currently, below 81.5p risks triggering reversal down to an initial 79.1p with our secondary, if broken, a probable bottom around 75.7p, which shall hopefully provoke a rebound. From our perspective, Lloyds Bank now needs to close a session below 73.4p to inspire panic.
However, we remain with the suspicion the market is just messing around until the Bank of England decides to assist the UK economy and reduce interest rates.
Should the UK opt to cut borrowing costs on 6 November, it is now the case where above 86.8p should bring share price recovery to an initially confident 91.5p with our longer-term secondary, if bettered, at 110p. We suspect, quite firmly, Lloyds share price intends to head upward.
Source: Trends and Targets. Past performance is not a guide to future performance.
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
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