Royal Bank of Scotland Group plc (LON: RBS)‘s stock had its “sell” rating reiterated by equities research analysts at Investec Securities in a research note issued to investors on Friday. They currently have a $4.36 (290 GBX) price target on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays Capital reiterated an “overweight” rating on shares of Royal Bank of Scotland Group plc in a research note to investors on Friday. They now have a $5.00 price target on the stock, up previously from $4.96. Separately, analysts at Societe Generale downgraded shares of Royal Bank of Scotland Group plc from a “buy” rating to a “hold” rating in a research note to investors on Friday. They now have a $4.93 price target on the stock, down previously from $5.00. Finally, analysts at Investec reiterated a “sell” rating on shares of Royal Bank of Scotland Group plc in a research note to investors on Friday. They now have a $4.40 price target on the stock.
Shares of Royal Bank of Scotland Group plc traded down 3.06% during mid-day trading on Friday, hitting GBX 314.00. Royal Bank of Scotland Group plc has a 52 week low of GBX 193.30 and a 52 week high of GBX 370.62. The stock’s 50-day moving average is currently GBX 265.8. The company’s market cap is £20.363 billion.
The Royal Bank of Scotland Group plc (RBS) is a holding company of a global banking and financial services group.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.
