Barclays 2020 Outlook to Draw Fiscal Year Interest -- Market Talk
February 12 2020 - 9:23AM
Dow Jones News
Barclays investors are likely to focus on the year ahead when
the bank reports annual results Thursday, Numis Securities says.
Numis says the market is assuming a return on tangible equity in
2020 of 8.5%. "While management is likely to step back from its 10%
target, it may say that consensus is too low," analyst Jonathan
Pierce says, adding that shareholder returns are likely to be of
interest. "It's also possible that the group will update on its
triennial pension review--this should be a positive, though the
timing of new contributions remains uncertain. We remain on add."
(philip.waller@wsj.com)
(END) Dow Jones Newswires
February 12, 2020 09:08 ET (14:08 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Barclays (NYSE:BCS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Barclays (NYSE:BCS)
Historical Stock Chart
From Apr 2023 to Apr 2024
