RBS (RBS) Insider Ross McEwan Acquires 141,363 Shares
RBS (LON:RBS) insider Ross McEwan bought 141,363 shares of the company’s stock in a transaction that occurred on Tuesday, November 8th. The stock was purchased at an average price of GBX 187 ($2.32) per share, for a total transaction of £264,348.81 ($327,448.05).
RBS (LON:RBS) opened at 202.70 on Friday. The company’s 50-day moving average is GBX 183.90 and its 200 day moving average is GBX 199.94. The firm’s market cap is GBX 23.82 billion. RBS has a one year low of GBX 148.40 and a one year high of GBX 320.30.
Several research analysts recently commented on RBS shares. Goldman Sachs Group Inc. reiterated a “buy” rating and issued a GBX 235 ($2.91) target price on shares of RBS in a report on Friday, August 5th. Investec restated a “buy” rating on shares of RBS in a report on Thursday, August 25th. Deutsche Bank AG restated a “hold” rating and set a GBX 200 ($2.48) price objective on shares of RBS in a report on Monday, August 8th. Jefferies Group dropped their price objective on shares of RBS from GBX 227 ($2.81) to GBX 212 ($2.63) and set a “hold” rating on the stock in a report on Monday, September 19th. Finally, Berenberg Bank dropped their price objective on shares of RBS from GBX 250 ($3.10) to GBX 200 ($2.48) and set a “hold” rating on the stock in a report on Wednesday, September 28th. Seven investment analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 231.25 ($2.86).
RBS Company Profile
The Royal Bank of Scotland Group plc (RBS) is a banking and financial services company. The Company provides financial products and services to personal, commercial, corporate and institutional customers, through its subsidiaries, The Royal Bank of Scotland and National Westminster Bank Plc (NatWest), as well as through other brands, including Ulster Bank and Coutts.
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