RBS Takes Big Charge, But Not As Large As ExpectedMani
Jefferies reiterated its Buy rating on Royal Bank of Scotland Group plc (NYSE:RBS) (LON:RBS) despite the recent announcement of £2.9 billion of litigation and conduct charges.
Joseph Dickerson and team at Jefferies however trimmed RBS’ target price from 441.0p to 414.0p.
RBS’ £2.9 billion charge
Following its board meeting Monday, Royal Bank of Scotland Group plc (NYSE:RBS) (LON:RBS) made a exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
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