Shares of Royal Bank Scotland PLC (The) (NYSE:RBS) have been given an average rating of “Hold” by the nineteen ratings firms that are presently covering the stock, Marketbeat reports. Thirteen investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company.

A number of equities research analysts have recently weighed in on the stock. Jefferies Group raised shares of Royal Bank Scotland from a “hold” rating to a “buy” rating in a research note on Wednesday, September 27th. raised shares of Royal Bank Scotland from a “reduce” rating to a “hold” rating in a research note on Friday, August 11th. Zacks Investment Research raised shares of Royal Bank Scotland from a “hold” rating to a “buy” rating and set a $8.25 target price on the stock in a research note on Friday, September 29th. Macquarie lowered shares of Royal Bank Scotland from an “outperform” rating to a “neutral” rating in a research note on Wednesday. Finally, Citigroup raised shares of Royal Bank Scotland from a “sell” rating to a “neutral” rating in a research note on Tuesday, October 10th.

A number of large investors have recently bought and sold shares of RBS. Dimensional Fund Advisors LP boosted its stake in Royal Bank Scotland by 10.1% during the first quarter. Dimensional Fund Advisors LP now owns 3,332,105 shares of the financial services provider’s stock worth $20,226,000 after acquiring an additional 307,009 shares in the last quarter. Grove Bank & Trust raised its holdings in Royal Bank Scotland by 259.2% in the second quarter. Grove Bank & Trust now owns 19,610 shares of the financial services provider’s stock worth $128,000 after buying an additional 14,150 shares during the last quarter. Wetherby Asset Management Inc. raised its holdings in shares of Royal Bank Scotland by 24.4% during the second quarter. Wetherby Asset Management Inc. now owns 16,099 shares of the financial services provider’s stock valued at $105,000 after purchasing an additional 3,159 shares during the last quarter. LMR Partners LLP raised its holdings in shares of Royal Bank Scotland by 83.9% during the second quarter. LMR Partners LLP now owns 1,268,938 shares of the financial services provider’s stock valued at $8,172,000 after purchasing an additional 578,938 shares during the last quarter. Finally, Tredje AP fonden purchased a new position in shares of Royal Bank Scotland during the second quarter valued at approximately $2,587,000. 0.48% of the stock is currently owned by institutional investors and hedge funds.

Shares of Royal Bank Scotland (NYSE:RBS) traded down $0.05 during trading on Friday, reaching $7.54. 1,210,800 shares of the company’s stock were exchanged, compared to its average volume of 968,419. The company has a market cap of $44,860.00, a price-to-earnings ratio of 9.70 and a beta of 1.12. Royal Bank Scotland has a 1-year low of $4.80 and a 1-year high of $7.68. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.98 and a current ratio of 0.98.

Royal Bank Scotland (NYSE:RBS) last announced its quarterly earnings results on Friday, October 27th. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.15. The business had revenue of $4.13 billion for the quarter, compared to analyst estimates of $4.19 billion. Royal Bank Scotland had a negative net margin of 17.46% and a positive return on equity of 7.75%. sell-side analysts expect that Royal Bank Scotland will post 0.7 earnings per share for the current year.

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About Royal Bank Scotland

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 Scotland (NYSE:RBS)

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