HSBC reissued their hold rating on shares of Royal Bank of Scotland Group (LON:RBS) in a report released on Wednesday morning. HSBC currently has a GBX 280 ($3.75) target price on the financial services provider’s stock.

Other equities analysts have also recently issued reports about the stock. reaffirmed a hold rating and issued a GBX 250 ($3.35) price objective on shares of Royal Bank of Scotland Group in a research note on Monday, September 18th. Deutsche Bank reaffirmed a hold rating and issued a GBX 269 ($3.60) price objective on shares of Royal Bank of Scotland Group in a research note on Tuesday, September 19th. J P Morgan Chase & Co reaffirmed a neutral rating and issued a GBX 265 ($3.55) price objective on shares of Royal Bank of Scotland Group in a research note on Tuesday, September 19th. Credit Suisse Group reaffirmed a neutral rating and issued a GBX 290 ($3.88) price objective on shares of Royal Bank of Scotland Group in a research note on Monday, November 27th. Finally, Shore Capital reissued a hold rating on shares of Royal Bank of Scotland Group in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and four have issued a buy rating to the stock. The company has an average rating of Hold and an average price target of GBX 270.89 ($3.63).

Shares of Royal Bank of Scotland Group (LON RBS) traded down GBX 6.50 ($0.09) during mid-day trading on Wednesday, reaching GBX 270.10 ($3.62). 13,752,189 shares of the company’s stock were exchanged, compared to its average volume of 12,660,000. Royal Bank of Scotland Group has a 1 year low of GBX 187.10 ($2.51) and a 1 year high of GBX 290.50 ($3.89).

In other Royal Bank of Scotland Group news, insider Ross McEwan purchased 177,104 shares of the stock in a transaction on Tuesday, November 7th. The shares were purchased at an average cost of GBX 282 ($3.78) per share, for a total transaction of £499,433.28 ($668,854.00).

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About Royal Bank of Scotland Group

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 (LON:RBS)

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