RBS Stock Rating Reaffirmed by Numis Securities Ltd (RBS)
RBS (LON:RBS)‘s stock had its “add” rating reaffirmed by equities researchers at Numis Securities Ltd in a research report issued on Monday, StockRatingsNetwork.com reports. They currently have a GBX 410 ($6.63) price target on the stock. Numis Securities Ltd’s target price indicates a potential upside of 10.01% from the company’s current price.
RBS (LON:RBS) opened at 354.6091 on Monday. RBS has a one year low of GBX 264.972 and a one year high of GBX 387.50. The stock’s 50-day moving average is GBX 361.3 and its 200-day moving average is GBX 323.5. The company’s market cap is £39.620 billion.
A number of other analysts have also recently weighed in on RBS. Analysts at Nomura reiterated a “reduce” rating on shares of RBS in a research note to investors on Monday. They now have a GBX 270 ($4.37) price target on the stock. Separately, analysts at Investec reiterated a “sell” rating on shares of RBS in a research note to investors on Friday. They now have a GBX 345 ($5.58) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “sell” rating on shares of RBS in a research note to investors on Friday. They now have a GBX 275 ($4.45) price target on the stock. Fourteen equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of GBX 326.93 ($5.29).
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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