RBS Rating Reiterated by Keefe, Bruyette & Woods (RBS)
RBS (LON:RBS)‘s stock had its “market perform” rating restated by equities researchers at Keefe, Bruyette & Woods in a research report issued on Monday, AnalystRatingsNetwork.com reports. They currently have a GBX 320 ($5.11) target price on the stock. Keefe, Bruyette & Woods’ price objective would indicate a potential downside of 15.10% from the company’s current price.
RBS has been the subject of a number of other recent research reports. Analysts at Shore Capital Stockbrokers reiterated a “buy” rating on shares of RBS in a research note to investors on Monday. Separately, analysts at Bank of America Corp. downgraded shares of RBS from a “neutral” rating to an “underperform” rating in a research note to investors on Monday. They now have a GBX 325 ($5.19) price target on the stock, down previously from GBX 345 ($5.51). Finally, analysts at Credit Suisse reiterated an “underperform” rating on shares of RBS in a research note to investors on Thursday. They now have a GBX 265 ($4.23) price target on the stock. Fifteen analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the company’s stock. RBS has an average rating of “Hold” and an average price target of GBX 322.04 ($5.14).
Shares of RBS (LON:RBS) opened at 370.30 on Monday. RBS has a 52-week low of GBX 260.00 and a 52-week high of GBX 387.40. 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 £41.374 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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