As a Lloyds Banking Group (LSE: LLOY) shareholder, it’s great to finally be able to say the shares have had a good year. Well, so far at least. The rise has carried on through May, pushing the Lloyds share price up 35% in 2021. Will the momentum keep on driving the shares up through June?
Well, I’m not seriously going to try to predict where Lloyds will go next month. That’s for two reasons. One is that anything can happen in such a short timescale, and one-month movements are hard to distinguish from random. The other reason is that I’m lousy at the prediction game anyway.
But do I see value in taking stock of what’s happened and thinking about the things that could affect the Lloyds share price through June and beyond.
Lloyds share price weakness
Lloyds shares are still down around 12% since mid-February 2020, just before the … Read more