RE: Way Ahead8 Oct 2021 00:21
240m fine, according to Daily Mail.
But this is the purest of the British banks - according to Berenberger - recommendation buy, target price 240. Seems 240 is a recurring theme...
The hamburgers believe NWG benefits from a strong UK mortgage market and has double the interest rate sensitivity of Lloyds.
Add to that actions to reduce expenses by 4% annually, strong capital return prospects (of more than 10% annually), and inflation ramping up, makes you wonder why the target price is so low.