Royal Bank of Scotland Has An Earnings Problem: Investec - Hedge Fund Alpha (formerly ValueWalk Premium)

Royal Bank of Scotland Has An Earnings Problem: Investec

The Royal Bank of Scotland Group plc (NYSE:RBS) (LON:RBS) has outperformed other UK banks and the FTSE 100, despite steadily declining core profits and net asset value. The stock had a correction at the end of January, but has since bounced back by 8% making some analysts argue for a tactical short ahead of the FY13 earnings results coming out on February 27. Investec analyst Ian Gordon recommended that investors close their short positions against Royal Bank of Scotland Group plc (NYSE:RBS) (LON:RBS) in January, but now says that there is some “misplaced euphoria ahead of results,” causing him to drop...

This content is exclusively for paying members of Hedge Fund Alpha

Gain Exclusive Access to the Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Get Started Now with a FREE 7-Day Trial🔻

If you are a current Hedge Fund Alpha member and are having an account error please clear cache and cookies. If that does not work, email [email protected] or click Chat.

Saved Articles