When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
BCLYF - Royal Bank Of Scotland: One Of The Few Buying Opportunities Today
Barclays PLC
I wrote about the Royal Bank of Scotland (RBS) last in September 2019. The stock saw a 45% rally after the article was written, but has given back all of those gains and more as the COVID pandemic has taken a toll on equity markets.
See below compared to the European Financials ETF (EUFN):
Data by YCharts
The ADR is now trading at $2.8 which has driven its price-to-book value to a startling 0.29X. With this valuation, investors are obviously giving RBS a high probability of restructuring. That said, if the