JPMorgan Chase & Co. restated their neutral rating on shares of Royal Bank of Scotland Group (LON:RBS) in a research report report published on Wednesday.

Other research analysts have also issued reports about the company. HSBC raised Royal Bank of Scotland Group to a buy rating and lifted their target price for the stock from GBX 280 ($3.66) to GBX 290 ($3.79) in a report on Friday, August 17th. Citigroup raised Royal Bank of Scotland Group from a neutral rating to a buy rating in a report on Monday, August 20th. UBS Group raised Royal Bank of Scotland Group to a buy rating and lifted their target price for the stock from GBX 285 ($3.72) to GBX 300 ($3.92) in a report on Friday, August 10th. Berenberg Bank reaffirmed a buy rating on shares of Royal Bank of Scotland Group in a report on Monday, October 29th. Finally, Deutsche Bank lowered their target price on Royal Bank of Scotland Group from GBX 318 ($4.16) to GBX 300 ($3.92) and set a buy rating on the stock in a report on Monday, October 29th. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company’s stock. Royal Bank of Scotland Group currently has an average rating of Buy and an average price target of GBX 312.50 ($4.08).

LON:RBS traded down GBX 25.90 ($0.34) during mid-day trading on Wednesday, reaching GBX 224.20 ($2.93). 43,204,776 shares of the stock were exchanged, compared to its average volume of 16,430,000. Royal Bank of Scotland Group has a 1-year low of GBX 221.80 ($2.90) and a 1-year high of GBX 304.20 ($3.97).

In related news, insider Ross McEwan purchased 99,458 shares of the company’s stock in a transaction that occurred on Tuesday, October 30th. The shares were purchased at an average price of GBX 230 ($3.01) per share, with a total value of £228,753.40 ($298,906.83).

Royal Bank of Scotland Group Company Profile

The Royal Bank of Scotland Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide. It operates through Personal & Business Banking, Commercial & Private Banking, RBS International, and NatWest Markets segments.

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

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