Outlook for Lloyds Bank shares
With the high street bank's share price drifting lower since August's multi-year peak, independent analyst Alistair Strang reruns his software to generate new price targets.
28th September 2026 06:59
by Alistair Strang from Trends and Targets
Lloyds Banking Group (LSE:LLOY)' share price appears to have decided to behave in sympathy with a world where so many outcomes appear already decided.
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It’s now the case where below 107p risks triggering reversal to an initial 100p with our longer-term secondary, if broken, calculating at 94p. Visually this would make quite a lot of sense for a bounce level.
However, there is always a chance Lloyds shall enact some movement of strength, with the share price exhibiting an extremely strong argument where movement exceeding 114p should now target a confident looking 123p, a price level at which we anticipate some hesitation.
Longer-term, our secondary now works out at a less confident sounding 132p.
Source: Trends and Targets. Past performance is not a guide to future performance. Important: Trends and Targets charts only incorporate official share count consolidations, ignoring rights issues where investors have a choice as to whether to participate.
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.
Alistair Strang is a freelance contributor and not a direct employee of Interactive Investor. All correspondence is with Alistair Strang, who for these purposes is deemed a third-party supplier. Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Alistair Strang or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.
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