Royal Bank of Scotland Group plc (LON:RBS)‘s stock had its “buy” rating reiterated by Berenberg Bank in a report issued on Thursday. They presently have a GBX 275 ($3.70) price objective on the financial services provider’s stock. Berenberg Bank’s target price would indicate a potential upside of 2.34% from the stock’s previous close.

Other analysts have also issued reports about the company. Credit Suisse Group reaffirmed an “underperform” rating and issued a GBX 255 ($3.43) price objective on shares of Royal Bank of Scotland Group plc in a research note on Wednesday, July 5th. Jefferies Group LLC raised Royal Bank of Scotland Group plc from a “hold” rating to a “buy” rating and raised their price objective for the company from GBX 262 ($3.52) to GBX 306 ($4.12) in a research note on Wednesday. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and issued a GBX 285 ($3.83) price objective on shares of Royal Bank of Scotland Group plc in a research note on Thursday, June 22nd. HSBC Holdings plc reaffirmed a “hold” rating and issued a GBX 250 ($3.36) price objective on shares of Royal Bank of Scotland Group plc in a research note on Monday, September 18th. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating and issued a GBX 265 ($3.56) price objective on shares of Royal Bank of Scotland Group plc in a research note on Tuesday, September 19th. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 260.17 ($3.50).

Royal Bank of Scotland Group plc (LON RBS) opened at 270.30 on Thursday. The firm’s market cap is GBX 32.05 billion. Royal Bank of Scotland Group plc has a 12 month low of GBX 168.20 and a 12 month high of GBX 271.10. The company’s 50-day moving average is GBX 253.84 and its 200 day moving average is GBX 250.88.

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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.

Analyst Recommendations for Royal Bank of Scotland Group plc (LON:RBS)

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