Royal Bank of Scotland Group plc (LON:RBS)’s share price traded up 1.3% during mid-day trading on Friday . The stock traded as high as GBX 244.50 ($3.16) and last traded at GBX 244.40 ($3.16). 8,413,639 shares changed hands during trading, a decline of 14% from the average session volume of 9,786,280 shares. The stock had previously closed at GBX 241.20 ($3.12).

Several equities analysts have recently issued reports on the stock. Shore Capital restated a “hold” rating on shares of Royal Bank of Scotland Group plc in a report on Wednesday, May 24th. Berenberg Bank restated a “buy” rating and set a GBX 275 ($3.55) price objective on shares of Royal Bank of Scotland Group plc in a report on Wednesday, August 9th. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and set a GBX 285 ($3.68) price objective on shares of Royal Bank of Scotland Group plc in a report on Tuesday, May 30th. Barclays PLC restated an “equal weight” rating on shares of Royal Bank of Scotland Group plc in a report on Monday, August 7th. Finally, Deutsche Bank AG restated a “hold” rating and set a GBX 275 ($3.55) price objective on shares of Royal Bank of Scotland Group plc in a report on Monday, August 7th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have given a buy rating to the company. Royal Bank of Scotland Group plc has a consensus rating of “Hold” and an average price target of GBX 253.89 ($3.28).

The stock’s 50-day moving average price is GBX 253.48 and its 200 day moving average price is GBX 250.54. The firm’s market cap is GBX 28.98 billion.

Royal Bank of Scotland Group plc (LON:RBS) last released its earnings results on Friday, August 4th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter. Royal Bank of Scotland Group plc had a return on equity of 5.57% and a net margin of 21.23%. Equities research analysts expect that Royal Bank of Scotland Group plc will post $23.75 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “Royal Bank of Scotland Group plc (RBS) Trading 1.3% Higher” was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece of content on another publication, it was stolen and republished in violation of US and international copyright and trademark laws. The correct version of this piece of content can be read at https://www.thecerbatgem.com/2017/09/10/royal-bank-of-scotland-group-plc-rbs-trading-1-3-higher.html.

About Royal Bank of Scotland Group plc

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.

Receive News & Stock Ratings for Royal Bank of Scotland Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Bank of Scotland Group plc and related stocks with our FREE daily email newsletter.