RBS’s “Underperform” Rating Reaffirmed at Credit Suisse (RBS)
RBS (LON:RBS)‘s stock had its “underperform” rating restated by equities researchers at Credit Suisse in a research report issued on Monday, AnalystRatings.Net reports. They currently have a GBX 265 ($4.28) target price on the stock. Credit Suisse’s price target would suggest a potential downside of 27.69% from the company’s current price.
RBS has been the subject of a number of other recent research reports. 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. Separately, 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. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of RBS (LON:RBS) in a research note to investors on Monday, September 23rd. They now have a GBX 410 ($6.62) price target on the stock. Fourteen investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company’s stock. RBS presently has a consensus rating of “Hold” and an average price target of GBX 323 ($5.21).
RBS (LON:RBS) opened at 359.60 on Monday. RBS has a 52-week low of GBX 252.663 and a 52-week 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 £40.178 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.