RBS Receives “Sell” Rating from AlphaValue (RBS)
RBS (LON:RBS)‘s stock had its “sell” rating reiterated by AlphaValue in a research note issued on Thursday, StockRatingsNetwork reports. They currently have a GBX 290 ($4.68) price objective on the stock. AlphaValue’s price objective points to a potential downside of 20.96% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Shore Capital Stockbrokers reiterated a “buy” rating on shares of RBS (LON:RBS) in a research note to investors on Tuesday. Separately, analysts at Numis Securities Ltd downgraded shares of RBS (LON:RBS) to an “add” rating in a research note to investors on Monday. Finally, 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. Fourteen analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 321.93 ($5.19).
RBS (LON:RBS) traded up 0.14% on Thursday, hitting GBX 367.40. 2,356,283 shares of the company’s stock traded hands. RBS has a 1-year low of GBX 252.663 and a 1-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 £41.050 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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