Structural Hedge Arbitrage Drives Barclays' Path To 14% RoTE

Core Viewpoint - Barclays PLC (BCS) stock rating is upgraded to Strong Buy due to a perceived undervaluation of the bank's balance sheet by Wall Street [1] Summary by Relevant Sections - Investment Thesis - The upgrade is based on a deterministic advantage within Barclays' balance sheet that is believed to be structurally undervalued [1]