RBS Rating Reiterated by Numis Securities Ltd (RBS)
RBS (LON:RBS)‘s stock had its “add” rating reiterated by research analysts at Numis Securities Ltd in a report released on Friday, Analyst RN reports. They currently have a GBX 374 ($6.27) target price on the stock. Numis Securities Ltd’s price target suggests a potential upside of 3.86% from the stock’s previous close.
RBS (LON:RBS) opened at 360.10 on Friday. RBS has a 52 week low of GBX 264.972 and a 52 week high of GBX 387.50. The stock has a 50-day moving average of GBX 349.3 and a 200-day moving average of GBX 345.3. The company’s market cap is £40.414 billion.
A number of other firms have also recently commented on RBS. Analysts at Investec downgraded shares of RBS to a “sell” rating in a research note on Thursday. They now have a GBX 345 ($5.78) price target on the stock. Separately, analysts at Mediobanca SpA reiterated a “neutral” rating on shares of RBS in a research note on Tuesday, February 11th. They now have a GBX 340 ($5.70) price target on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of RBS in a research note on Monday, February 10th. They now have a GBX 365 ($6.12) price target on the stock. Eighteen analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 328.06 ($5.50).
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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