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Barclays investors are likely to focus on the year ahead when the bank reports annual results Thursday, Numis Securities says. Numis says the market is assuming a return on tangible equity in 2020 of 8.5%. "While management is likely to step back from its 10% target, it may say that consensus is too low," analyst Jonathan Pierce says, adding that shareholder returns are likely to be of interest. "It's also possible that the group will update on its triennial pension review--this should be a positive, though the timing of new contributions remains uncertain. We remain on add." (email@example.com)
(END) Dow Jones Newswires
February 12, 2020 09:08 ET (14:08 GMT)
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