RBS Given “Neutral” Rating at BNP Paribas (RBS)
RBS (LON:RBS)‘s stock had its “neutral” rating reaffirmed by BNP Paribas in a research note issued on Tuesday, American Banking News reports. They currently have a GBX 320 ($5.00) price objective on the stock. BNP Paribas’ price target points to a potential downside of 5.88% from the stock’s previous close.
RBS (LON:RBS) opened at 350.10 on Tuesday. RBS has a one year low of GBX 250.00 and a one year high of GBX 370.62. The stock has a 50-day moving average of GBX 332.7 and a 200-day moving average of GBX 311.4. The company’s market cap is £39.117 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec reiterated a “sell” rating on shares of RBS (LON:RBS) in a research note to investors on Wednesday, September 4th. They now have a GBX 340 ($5.32) price target on the stock. Separately, analysts at Berenberg Bank raised their price target on shares of RBS (LON:RBS) from GBX 190 ($2.97) to GBX 210 ($3.28) in a research note to investors on Tuesday, September 3rd. They now have a “sell” rating on the stock. Finally, analysts at Citigroup Inc. reiterated a “sell” rating on shares of RBS (LON:RBS) in a research note to investors on Monday, September 2nd. They now have a GBX 270 ($4.22) price target on the stock.
Fifteen analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 321.47 ($5.03).
The Royal Bank of Scotland Group plc (LON:RBS) is a holding company of a global banking and financial services group.
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