RBS Rating Reiterated by UBS AG (RBS)
RBS (LON:RBS)‘s stock had its “neutral” rating restated by analysts at UBS AG in a research report issued to clients and investors on Tuesday, AR Network reports. They currently have a GBX 365 ($5.90) target price on the stock. UBS AG’s target price points to a potential downside of 0.92% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of RBS in a research note to investors on Monday, October 21st. They now have a GBX 410 ($6.63) price target on the stock. Separately, analysts at Nomura reiterated a “reduce” rating on shares of RBS in a research note to investors on Monday, October 21st. They now have a GBX 270 ($4.37) price target on the stock. Finally, analysts at Investec reiterated a “sell” rating on shares of RBS in a research note to investors on Friday, October 18th. They now have a GBX 345 ($5.58) price target on the stock. Fourteen investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 328.54 ($5.31).
Shares of RBS (LON:RBS) traded up 3.34% during mid-day trading on Tuesday, hitting GBX 368.40. The stock had a trading volume of 18,371,056 shares. 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 £41.161 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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