RBS Given Underperform Rating at BNP Paribas (RBS)
RBS (LON:RBS)‘s stock had its “underperform” rating reaffirmed by research analysts at BNP Paribas in a report released on Monday, Analyst Ratings Network reports. They currently have a GBX 325 ($5.34) price target on the stock. BNP Paribas’ price target would suggest a potential downside of 2.49% from the company’s current price.
RBS has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “sell” rating on shares of RBS in a research note to investors on Tuesday, January 28th. Separately, analysts at Grupo Santander reiterated a “hold” rating on shares of RBS in a research note to investors on Tuesday, January 28th. They now have a GBX 340 ($5.59) price target on the stock. Finally, analysts at Jefferies Group cut their price target on shares of RBS from GBX 441 ($7.25) to GBX 414 ($6.80) in a research note to investors on Tuesday, January 28th. They now have a “buy” rating on the stock. Sixteen research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 330.13 ($5.43).
Shares of RBS (LON:RBS) traded down 1.91% on Monday, hitting GBX 333.50. The stock had a trading volume of 8,565,080 shares. RBS has a one year low of GBX 264.972 and a one year high of GBX 387.50. The stock has a 50-day moving average of GBX 0. and a 200-day moving average of GBX 0.. The company’s market cap is £37.429 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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