RBS Rating Reiterated by Shore Capital Stockbrokers (RBS)
RBS (LON:RBS)‘s stock had its “buy” rating restated by stock analysts at Shore Capital Stockbrokers in a report issued on Tuesday, AnalystRatings.Net reports.
Shares of RBS (LON:RBS) traded up 2.06% during mid-day trading on Tuesday, hitting GBX 367.30. 7,152,764 shares of the company’s stock traded hands. RBS has a 52 week low of GBX 252.663 and a 52 week high of GBX 380.60. The stock’s 50-day moving average is GBX 340.6 and its 200-day moving average is GBX 313.3. The company’s market cap is £41.038 billion.
RBS has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd downgraded shares of RBS (LON:RBS) to an “add” rating in a research note to investors on Monday. Separately, analysts at Galvan Research reiterated a “buy” rating on shares of RBS (LON:RBS) in a research note to investors on Monday. They now have a GBX 385 ($6.21) price target on the stock. Finally, 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. Fourteen investment analysts have rated the stock with a sell rating, nine have given a hold rating and nine have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of GBX 322.04 ($5.20).
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.