Barclays PLC Reaffirms Equal weight Rating for Royal Bank of Scotland Group plc (LON:RBS)

Royal Bank of Scotland Group plc (LON:RBS)‘s stock had its “equal weight” rating restated by equities researchers at Barclays PLC in a research report issued to clients and investors on Monday, August 7th.

Several other brokerages also recently commented on RBS. Shore Capital reissued a “hold” rating on shares of Royal Bank of Scotland Group plc in a research note on Friday, April 28th. BNP Paribas reaffirmed a “neutral” rating and set a GBX 280 ($3.63) price target on shares of Royal Bank of Scotland Group plc in a research report on Wednesday, July 19th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a GBX 285 ($3.70) price target on shares of Royal Bank of Scotland Group plc in a research report on Thursday, June 22nd. Credit Suisse Group increased their price target on Royal Bank of Scotland Group plc from GBX 235 ($3.05) to GBX 255 ($3.31) and gave the company an “underperform” rating in a research report on Wednesday, May 3rd. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 275 ($3.57) price objective on shares of Royal Bank of Scotland Group plc in a report on Thursday, May 18th. Five investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of GBX 246.84 ($3.20).

Shares of Royal Bank of Scotland Group plc (RBS) opened at 257.50 on Monday. The firm’s 50 day moving average is GBX 254.78 and its 200 day moving average is GBX 248.62. The firm’s market capitalization is GBX 30.54 billion. Royal Bank of Scotland Group plc has a 1-year low of GBX 168.20 and a 1-year high of GBX 271.00.

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Royal Bank of Scotland Group plc Company Profile

The Royal Bank of Scotland Group plc (RBS) is a banking and financial services company. The Company provides a range of products and services to personal, commercial, corporate and institutional customers, through its subsidiaries, The Royal Bank of Scotland plc and National Westminster Bank Plc (NatWest), as well as through other brands, including Ulster Bank and Coutts.

Analyst Recommendations for Royal Bank of Scotland Group plc (LON:RBS)

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