RBS Given “Sell” Rating at Espirito Santo Investment Bank Research (RBS)
RBS (LON:RBS)‘s stock had its “sell” rating reiterated by analysts at Espirito Santo Investment Bank Research in a research report issued to clients and investors on Thursday, Analyst Ratings Network reports. They currently have a GBX 320 ($5.13) price objective on the stock. Espirito Santo Investment Bank Research’s price objective suggests a potential downside of 13.77% from the stock’s previous close.
Shares of RBS (LON:RBS) traded down 0.43% during mid-day trading on Thursday, hitting GBX 371.10. The stock had a trading volume of 8,518,974 shares. RBS has a one year low of GBX 250.602 and a one year high of GBX 374.40. 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 £41.463 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. reiterated a “sell” rating on shares of RBS (LON:RBS) in a research note to investors on Wednesday. They now have a GBX 270 ($4.32) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of RBS (LON:RBS) in a research note to investors on Monday. They now have a GBX 410 ($6.57) price target on the stock. Finally, 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. Fourteen research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 323 ($5.17).
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.