Royal Bank of Scotland Group (RBS) Receives Neutral Rating from Citigroup

Citigroup reissued their neutral rating on shares of Royal Bank of Scotland Group (LON:RBS) in a report published on Wednesday morning.

A number of other research firms have also recently commented on RBS. Berenberg Bank reiterated a buy rating and set a GBX 300 ($4.04) price objective on shares of Royal Bank of Scotland Group in a research report on Wednesday, November 29th. HSBC reiterated a hold rating and set a GBX 280 ($3.77) price objective on shares of Royal Bank of Scotland Group in a research report on Wednesday, November 29th. Shore Capital reiterated a hold rating on shares of Royal Bank of Scotland Group in a research report on Tuesday, November 28th. Credit Suisse Group reiterated a neutral rating and set a GBX 290 ($3.90) price objective on shares of Royal Bank of Scotland Group in a research report on Monday, November 27th. Finally, Deutsche Bank reiterated a hold rating and set a GBX 300 ($4.04) price objective on shares of Royal Bank of Scotland Group in a research report on Monday, October 30th. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of GBX 270.89 ($3.65).

Shares of Royal Bank of Scotland Group (LON:RBS) traded up GBX 0.89 ($0.01) during mid-day trading on Wednesday, hitting GBX 275.10 ($3.70). The stock had a trading volume of 13,557,786 shares, compared to its average volume of 12,360,000. Royal Bank of Scotland Group has a twelve month low of GBX 191 ($2.57) and a twelve month high of GBX 290.50 ($3.91).

In other news, insider Ross McEwan acquired 177,104 shares of Royal Bank of Scotland Group stock in a transaction dated Tuesday, November 7th. The shares were acquired at an average cost of GBX 282 ($3.80) per share, with a total value of £499,433.28 ($672,184.76).

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About Royal Bank of Scotland Group

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 (LON:RBS)

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