RBS Takes Big Charge, But Not As Large As Expected – ValueWalk Premium
Royal Bank of Scotland RBS

RBS Takes Big Charge, But Not As Large As Expected

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


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