RBS’s “Buy” Rating Reaffirmed at Numis Securities Ltd (RBS)
RBS (LON:RBS)‘s stock had its “buy” rating reaffirmed by analysts at Numis Securities Ltd in a research report issued to clients and investors on Monday, American Banking News reports. They currently have a GBX 410 ($6.57) price target on the stock. Numis Securities Ltd’s price objective would indicate a potential upside of 12.51% from the company’s current price.
RBS has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “sell” rating on shares of RBS (LON:RBS) in a research note to investors on Monday. They now have a GBX 275 ($4.40) price target on the stock. Separately, analysts at Shore Capital Stockbrokers reiterated a “buy” rating on shares of RBS (LON:RBS) in a research note to investors on Friday. Finally, analysts at Investec reiterated a “sell” rating on shares of RBS (LON:RBS) in a research note to investors on Wednesday, September 18th. They now have a GBX 345 ($5.53) price target on the stock, up previously from GBX 340 ($5.45).
Fourteen analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have issued a buy rating to the stock. RBS currently has a consensus rating of “Hold” and a consensus price target of GBX 323 ($5.17).
RBS (LON:RBS) opened at 362.20 on Monday. RBS has a one year low of GBX 250.602 and a one year high of GBX 374.60. The stock has a 50-day moving average of GBX 340.6 and a 200-day moving average of GBX 313.3. The company’s market cap is £40.469 billion.
The Royal Bank of Scotland Group plc (LON: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.