RBS Stock Rating Reaffirmed by Galvan Research (RBS)
RBS (LON:RBS)‘s stock had its “buy” rating reaffirmed by analysts at Galvan Research in a research report issued to clients and investors on Monday, Analyst Ratings.Net reports. They currently have a GBX 385 ($6.21) price objective on the stock. Galvan Research’s price target indicates a potential upside of 5.05% from the company’s current price.
RBS has been the subject of a number of other recent research reports. Analysts at Credit Suisse reiterated an “underperform” rating on shares of RBS (LON:RBS) in a research note to investors on Monday. They now have a GBX 265 ($4.28) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “sell” rating on shares of RBS (LON:RBS) in a research note to investors on Thursday. They now have a GBX 320 ($5.16) price target 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 Wednesday, September 25th. They now have a GBX 270 ($4.36) price target on the stock. Fourteen analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 325.30 ($5.25).
Shares of RBS (LON:RBS) traded down 1.83% on Monday, hitting GBX 359.80. 5,517,526 shares of the company’s stock traded hands. RBS has a one year low of GBX 252.663 and a one year high of GBX 380.60. 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 £40.200 billion.
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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