Credit Suisse Group upgraded shares of Royal Bank of Scotland Group plc (LON:RBS) from an underperform rating to a neutral rating in a research note published on Tuesday. They currently have GBX 275 ($3.62) price target on the financial services provider’s stock, up from their prior price target of GBX 255 ($3.35).

A number of other research analysts have also recently weighed in on the stock. Jefferies Group LLC lifted their price objective on shares of Royal Bank of Scotland Group plc from GBX 212 ($2.79) to GBX 262 ($3.44) and gave the company a hold rating in a report on Monday, June 12th. Goldman Sachs Group, Inc. (The) reiterated a neutral rating and issued a GBX 285 ($3.75) price target on shares of Royal Bank of Scotland Group plc in a research note on Thursday, June 22nd. Deutsche Bank AG decreased their price target on shares of Royal Bank of Scotland Group plc from GBX 277 ($3.64) to GBX 275 ($3.62) and set a hold rating for the company in a research note on Wednesday, July 5th. Shore Capital reiterated a hold rating on shares of Royal Bank of Scotland Group plc in a research note on Thursday, July 13th. Finally, BNP Paribas reiterated a neutral rating and issued a GBX 280 ($3.68) price target on shares of Royal Bank of Scotland Group plc in a research note on Wednesday, July 19th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have assigned a buy rating to the stock. Royal Bank of Scotland Group plc presently has a consensus rating of Hold and a consensus target price of GBX 261.28 ($3.44).

Shares of Royal Bank of Scotland Group plc (LON RBS) opened at 274.00 on Tuesday. The firm has a 50-day moving average of GBX 257.83 and a 200 day moving average of GBX 253.87. Royal Bank of Scotland Group plc has a 52-week low of GBX 169.40 and a 52-week high of GBX 279.00. The stock’s market capitalization is GBX 32.49 billion.

TRADEMARK VIOLATION NOTICE: “Royal Bank of Scotland Group plc (RBS) Upgraded to Neutral by Credit Suisse Group” was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this news story on another website, it was stolen and reposted in violation of U.S. and international trademark and copyright law. The legal version of this news story can be read at https://www.thecerbatgem.com/2017/10/11/royal-bank-of-scotland-group-plc-rbs-upgraded-to-neutral-by-credit-suisse-group.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.

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

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.