Credit Suisse Group reaffirmed their neutral rating on shares of Royal Bank of Scotland Group (LON:RBS) in a report released on Friday morning. They currently have a GBX 290 ($4.01) price objective on the financial services provider’s stock.
Several other equities research analysts have also commented on the stock. Citigroup reiterated a neutral rating on shares of Royal Bank of Scotland Group in a research report on Monday, February 12th. Deutsche Bank reiterated a hold rating and issued a GBX 315 ($4.35) price objective on shares of Royal Bank of Scotland Group in a research report on Monday, February 5th. HSBC reiterated a hold rating and issued a GBX 280 ($3.87) price objective on shares of Royal Bank of Scotland Group in a research report on Monday, January 29th. Morgan Stanley upgraded shares of Royal Bank of Scotland Group from an equal rating to an overweight rating and boosted their price objective for the stock from GBX 265 ($3.66) to GBX 330 ($4.56) in a research report on Wednesday, January 10th. Finally, Jefferies Group reiterated a buy rating on shares of Royal Bank of Scotland Group in a research report on Monday, December 18th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and five have issued a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of GBX 275.33 ($3.80).
Shares of Royal Bank of Scotland Group (LON RBS) opened at GBX 275.40 ($3.80) on Friday. Royal Bank of Scotland Group has a 1 year low of GBX 221.80 ($3.06) and a 1 year high of GBX 304.20 ($4.20). The company has a market cap of $32,950.00 and a PE ratio of -1,020.00.
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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.
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