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 will move from a restructuring story centered on shedding non-strategic businesses (such as Citizens) and…
RBS – I Can See Clearly Now: Jefferies
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports