Aug report looks good31 Jul 2013 16:32
The month will open with first-half results from RSA Insurance Group and forecasts for the full year are looking pretty positive at the moment. There's a 25% rise in earnings per share (EPS) currently forecast, and though the dividend looks likely to be cut from last year, it should still represent a yield of around 5%. The forward price-to-earnings (P/E) ratio based on those expectations is a modest 10.5, falling to under 10 for 2014.