Royal Bank of Scotland Group plc (RBS) Rating Reiterated by Barclays PLC
Barclays PLC restated their equal weight rating on shares of Royal Bank of Scotland Group plc (LON:RBS) in a research note released on Thursday. They currently have a GBX 260 ($3.45) price target on the financial services provider’s stock.
A number of other research firms also recently commented on RBS. Berenberg Bank reissued a buy rating and issued a GBX 275 ($3.65) target price on shares of Royal Bank of Scotland Group plc in a report on Thursday, September 28th. Morgan Stanley raised their target price on Royal Bank of Scotland Group plc from GBX 245 ($3.25) to GBX 265 ($3.52) and gave the company an equal weight rating in a report on Monday, September 25th. Deutsche Bank AG reissued a hold rating and issued a GBX 269 ($3.57) target price on shares of Royal Bank of Scotland Group plc in a report on Tuesday, September 26th. Jefferies Group LLC raised Royal Bank of Scotland Group plc from a hold rating to a buy rating and raised their target price for the company from GBX 262 ($3.48) to GBX 306 ($4.06) in a report on Wednesday, September 27th. Finally, Goldman Sachs Group, Inc. (The) reissued a neutral rating on shares of Royal Bank of Scotland Group plc in a report on Friday, September 22nd. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of GBX 260.17 ($3.45).
Shares of Royal Bank of Scotland Group plc (LON RBS) opened at 272.40 on Thursday. The stock’s market cap is GBX 32.30 billion. The company has a 50-day moving average of GBX 256.83 and a 200 day moving average of GBX 253.04. Royal Bank of Scotland Group plc has a one year low of GBX 169.40 and a one year high of GBX 276.10.
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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.
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