Royal Bank of Scotland Group plc (LON:RBS) was upgraded by research analysts at Royal Bank Of Canada to a “sector performer” rating in a report issued on Monday. The firm currently has a GBX 240 ($3.10) price objective on the financial services provider’s stock, up from their prior price objective of GBX 210 ($2.72). Royal Bank Of Canada’s price target suggests a potential downside of 5.06% from the company’s previous close.

A number of other research firms also recently weighed in on RBS. BNP Paribas reiterated a “neutral” rating and set a GBX 280 ($3.62) target price on shares of Royal Bank of Scotland Group plc in a report on Wednesday, July 19th. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and set a GBX 285 ($3.69) target price on shares of Royal Bank of Scotland Group plc in a report on Thursday, June 22nd. Shore Capital reiterated a “hold” rating on shares of Royal Bank of Scotland Group plc in a report on Wednesday, May 24th. Berenberg Bank reiterated a “buy” rating and set a GBX 275 ($3.56) target price on shares of Royal Bank of Scotland Group plc in a report on Thursday, May 18th. Finally, HSBC Holdings plc upgraded Royal Bank of Scotland Group plc from a “reduce” rating to a “hold” rating and upped their target price for the stock from GBX 210 ($2.72) to GBX 250 ($3.23) in a report on Friday, August 11th. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have assigned a buy rating to the company’s stock. Royal Bank of Scotland Group plc currently has an average rating of “Hold” and a consensus target price of GBX 251.05 ($3.25).

Royal Bank of Scotland Group plc (LON RBS) opened at 250.90 on Monday. The company’s market cap is GBX 29.75 billion. Royal Bank of Scotland Group plc has a one year low of GBX 168.20 and a one year high of GBX 271.00. The firm has a 50-day moving average price of GBX 254.42 and a 200 day moving average price of GBX 250.39.

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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 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)

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