Royal Bank of Scotland Group PLC (NYSE:RBS) has been given an average recommendation of “Hold” by the twenty-one analysts that are currently covering the firm. Ten investment analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $26.61.

A number of analysts recently weighed in on the stock. Exane BNP Paribas cut shares of Royal Bank of Scotland Group PLC from a “neutral” rating to an “underperform” rating in a report on Friday. Zacks Investment Research cut shares of Royal Bank of Scotland Group PLC from a “buy” rating to a “hold” rating in a report on Saturday, November 5th. Investec cut shares of Royal Bank of Scotland Group PLC from a “hold” rating to a “sell” rating in a report on Monday, October 24th. Shore Capital restated a “hold” rating on shares of Royal Bank of Scotland Group PLC in a report on Wednesday, September 28th. Finally, Deutsche Bank AG restated a “sell” rating on shares of Royal Bank of Scotland Group PLC in a report on Friday, September 16th.

Shares of Royal Bank of Scotland Group PLC (NYSE:RBS) opened at 5.04 on Tuesday. The stock’s 50 day moving average is $4.62 and its 200 day moving average is $5.40. The stock’s market capitalization is $29.61 billion. Royal Bank of Scotland Group PLC has a 52 week low of $3.91 and a 52 week high of $9.66.

Large investors have recently added to or reduced their stakes in the company. Boothbay Fund Management LLC bought a new stake in Royal Bank of Scotland Group PLC during the first quarter worth about $109,000. Reliance Trust Co. of Delaware increased its position in Royal Bank of Scotland Group PLC by 92.1% in the second quarter. Reliance Trust Co. of Delaware now owns 21,778 shares of the company’s stock worth $102,000 after buying an additional 10,440 shares in the last quarter. Wetherby Asset Management Inc. increased its position in Royal Bank of Scotland Group PLC by 27.4% in the second quarter. Wetherby Asset Management Inc. now owns 24,164 shares of the company’s stock worth $114,000 after buying an additional 5,200 shares in the last quarter. HBK Investments L P acquired a new position in Royal Bank of Scotland Group PLC during the first quarter worth $216,000. Finally, Quantbot Technologies LP increased its position in Royal Bank of Scotland Group PLC by 326.6% in the second quarter. Quantbot Technologies LP now owns 34,982 shares of the company’s stock worth $164,000 after buying an additional 26,782 shares in the last quarter. Institutional investors own 0.34% of the company’s stock.

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 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.

5 Day Chart for NYSE:RBS

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