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Brokers have raised targets on Lloyds' share price following the court win
The Lloyds (LSE: LLOY) share price has climbed 5% this week following a key legal victory in the UK Supreme Court. The ruling, handed down last Friday (1 August), found that lenders like Lloyds weren't liable for brokers who earned higher commissions by charging customers inflated interest rates — a practice that did not constitute bribery, according to the court. It's a major win for the banking giant and, at least temporarily, removes a legal cloud that's been hanging over the stock. That said, it's not quite case closed. The Financial Conduct Authority (FCA) has since said it plans to consult on a potential compensation scheme for borrowers it believes were treated unfairly. Lloyds previously set aside £1.2bn to cover any such claims and that provision remains in place for now. The bank said it will 'keep its provision for motor finance claims under review' in light of the court's decision. Brokers are bullish The ruling has had a ripple effect across the analyst community. Brokerage RBC upgraded Lloyds from Sector Perform to Outperform, citing reduced legal risks. Meanwhile, Goldman Sachs went one step further, shifting from a Neutral stance to a full-on Buy, while hiking its target from 87p to 99p. That's a sizeable jump considering the stock trades at just under 82p, as I write. And given the long-standing pressure the case has put on investor sentiment, the recent bump may just be the start of a broader re-rating. However, it's worth noting that both Citi and JP Morgan maintain a Neutral rating on the stock. Financial snapshot Still, it's also significant that Lloyds shares have underperformed compared to rivals. Over the past year, they've climbed a respectable 53%. But Barclays is up over 80%, and NatWest has gained 66%. Valuation-wise, Lloyds also appears slightly more expensive than the others. Its forward price-to-earnings (P/E) ratio is 10.7, compared to just 8.8 for both Barclays and NatWest. However, the big draw for long-term investors remains the dividend. With 11 consecutive years of payments and four years of uninterrupted growth, it's become a core income stock for many UK portfolios. The 4% yield's decent, and with a payout ratio of 50%, it looks well-covered by earnings. Looking ahead While this week's gains are welcome news, there's a chance that the market has already priced in the court victory. That could limit short-term growth potential unless we see another catalyst. And if the FCA finds grounds for compensation, the bank's reputation may take another hit, shaking investor confidence. There's also the broader issue of economic uncertainty. Lloyds is heavily exposed to the UK consumer, so any downturn in lending demand or uptick in defaults could hit earnings. Still, with legal uncertainty reduced and brokers now more bullish, Lloyds is back on the radar. The valuation isn't screamingly cheap, but with reliable dividends and a strong retail banking base, this remains a solid contender to consider for anyone building a diversified, long-term portfolio. It may not be the fastest horse in the race, but it's one that could go the distance. The post Brokers have raised targets on Lloyds' share price following the court win appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Citigroup is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. Mark Hartley has positions in Lloyds Banking Group Plc. The Motley Fool UK has recommended Barclays Plc and Lloyds Banking Group Plc. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Ubitium and ADTechnology Collaborate to Bring Universal Processor to Market
Düsseldorf, Aug. 06, 2025 (GLOBE NEWSWIRE) -- ADTechnology, Korea's largest semiconductor design house, has entered a development partnership with Ubitium, a German fabless semiconductor innovator, to bring its revolutionary UB410 microprocessor to silicon. The UB410 is a next-generation general-purpose microprocessor that replaces traditional CPUs, GPUs, DSPs, and FPGAs with a single, unified compute fabric. Developed by Ubitium, the UB410 eliminates the need for multiple processor types and fragmented tool-chains - delivering a universal platform for AI, signal processing, and general-purpose workloads. The result: reduced system complexity, lower cost, and seamless support for advanced on-device Cho, CEO of Ubitium with Jun-Gyu Park, CEO of ADTechnology. Under this agreement, ADTechnology will serve as a key implementation partner, responsible for backend design and coordinating the manufacturing process as a Design Solution Partner (DSP) using Samsung Foundry's FinFET technologies. Prototype tape-out is planned for the second half of 2025, with mass production targeted for end of 2026, early 2027. 'We founded Ubitium to rethink the fundamentals of compute,' said Hyun-Shin Cho, CEO of Ubitium. 'The UB410 is not just another processor - it's a new category. By unifying traditionally separate compute domains like CPU, GPU, DSP, and FPGA into a single, programmable architecture, we eliminate complexity at the hardware and software level. This simplifies product design, accelerates time to market, and makes advanced on-device AI accessible across industries. Our collaboration with ADTechnology brings us one step closer to making this vision a reality in silicon.' 'We are excited to support Ubitium as they bring this disruptive processor architecture to life,' said Jun-Gyu Park, CEO of ADTechnology. 'As Korea's largest design house, we bring deep expertise in advanced SoC implementation and will ensure a smooth transition from RTL to manufacturing.' 'We are pleased to see innovators like Ubitium leveraging Samsung Foundry's competitive mature FinFET technology through trusted partners like ADTechnology,' said Tae-Joong Song, Vice President and Head of Foundry Technology Planning Team at Samsung Electronics. 'We look forward to supporting the development of next-generation processors for on-device intelligence.' As computing increasingly moves to the edge, the UB410 provides the performance, flexibility, and simplicity needed to power the next wave of intelligent devices - from robotics and autonomous systems to industrial automation, audio processing, and smart consumer products. Ends About ADTechnologyADTechnology is a global leading ASIC design services and manufacturing services provider which has 22 years of business history and 800+ design/tape-out engineering experiences. Headquartered in Suwon, Korea, ADTechnology has R&D offices in Korea and Vietnam and sales offices in San Jose, USA and Munich, Germany. Including subsidiaries, there are more than 750 employees globally. ADTechnology is also listed on the Korean stock market, KOSDAQ. Most importantly, ADTechnology is a member of Samsung Foundry Design Solution Partner program, focusing on 2/4/5nm advanced ASIC SoCs encompassing Automotive, AI, HPC, Consumer and Industrial applicationsFor more information: About UbitiumUbitium is developing the universal microprocessor. Solving computing's complexity and cost problem to create a future where every device is learn more, visit CONTACT: For further information please contact the Ubitium press office: Bilal Mahmood on or +44 (0) 771 400 in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Scotland's papers: SNP pressure over attainment gap 'failure'
More from Scotland's papers The Herald The Scotsman Daily Record The Scottish Sun Daily Mail Scottish Daily Express The Times The Telegraph The National The Courier The P&J Glasgow Times Edinburgh News
