Yahoo finance today19 Oct 2017 19:16
Barclays trades at a significant discount to book value. Significant costs associated with running down and selling non-core assets and outsized litigation costs have produced low returns and even outright losses in recent periods, largely masking the earnings power of the core franchise. Returns moving to and beyond 10% will drive valuations to and above book value and a simple return to book value in the coming years portends a doubling of value.