Berenberg Bank26 Nov 2015 15:00
I do not believe anything this Banks analysists comment on. Taking Lloyds Bank as an example, Berenberg Bank have been giving a sell recommendation and a price of 55p for fourteen months.All other analysists give a buy,overweight or at worst neutral and the price has never been below 70p in all that time. Their price of 950p on STAN is incredibly unbelievable. Regarding the stress tests I believe STAN will scrape through but only on the basis of their costcutting and fundraising programme.
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