Royal Bank of Scotland Group plc (RBS) Given Consensus Rating of “Hold” by Brokerages

Shares of Royal Bank of Scotland Group plc (LON:RBS) have received a consensus recommendation of “Hold” from the nineteen ratings firms that are currently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 256.57 ($3.46).

Several brokerages have recently issued reports on RBS. Credit Suisse Group reissued an “underperform” rating and set a GBX 255 ($3.44) target price on shares of Royal Bank of Scotland Group plc in a research report on Wednesday, July 5th. Deutsche Bank AG reissued a “hold” rating and set a GBX 269 ($3.63) target price on shares of Royal Bank of Scotland Group plc in a research report on Tuesday, September 19th. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and set a GBX 285 ($3.84) target price on shares of Royal Bank of Scotland Group plc in a research report on Thursday, June 22nd. HSBC Holdings plc reissued a “hold” rating and set a GBX 250 ($3.37) target price on shares of Royal Bank of Scotland Group plc in a research report on Monday, September 18th. Finally, J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 265 ($3.57) target price on shares of Royal Bank of Scotland Group plc in a research report on Tuesday, September 19th.

Royal Bank of Scotland Group plc (LON RBS) traded up 0.69% on Friday, hitting GBX 262.30. The company had a trading volume of 9,284,973 shares. The stock’s market cap is GBX 31.11 billion. Royal Bank of Scotland Group plc has a 12-month low of GBX 168.20 and a 12-month high of GBX 271.00. The firm’s 50 day moving average price is GBX 253.84 and its 200 day moving average price is GBX 250.88.

ILLEGAL ACTIVITY WARNING: This story was originally posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this story on another publication, it was copied illegally and reposted in violation of United States and international copyright and trademark legislation. The legal version of this story can be accessed at https://www.chaffeybreeze.com/2017/09/24/royal-bank-of-scotland-group-plc-rbs-given-consensus-rating-of-hold-by-brokerages.html.

About Royal Bank of Scotland Group plc

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)

Receive News & Ratings for Royal Bank of Scotland Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Bank of Scotland Group plc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply