RBS – I Can See Clearly Now: Jefferies
The Royal Bank of Scotland will move from a restructuring story centered on shedding non-strategic businesses and unwinding legacy assets to a core earnings story over the next 18 months, according to research firm Jefferies.
Joseph Dickerson and team at Jefferies in their February 9, 2015 research note titled: “I Can See Clearly Now” have revised their price target for RBS up to 530 p from 500 p.
RBS group’s earnings visibility to improve
According to the Jefferies analysts, over the next 18 months, RBS . . .
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