RBS Stock Rating Reaffirmed by Espirito Santo Investment Bank Research (RBS)
RBS (LON:RBS)‘s stock had its “neutral” rating restated by investment analysts at Espirito Santo Investment Bank Research in a note issued to investors on Friday, AR Network reports. They currently have a GBX 320 ($5.37) price objective on the stock. Espirito Santo Investment Bank Research’s price target suggests a potential upside of 5.54% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. reiterated a “sell” rating on shares of RBS in a research note on Friday. They now have a GBX 270 ($4.53) price target on the stock. Separately, analysts at Deutsche Bank upgraded shares of RBS to a “hold” rating in a research note on Friday. They now have a GBX 310 ($5.21) price target on the stock, down previously from GBX 315 ($5.29). Finally, analysts at BNP Paribas reiterated an “underperform” rating on shares of RBS in a research note on Thursday, April 17th. They now have a GBX 315 ($5.29) price target on the stock. Fifteen research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the stock. RBS presently has an average rating of “Hold” and a consensus target price of GBX 313.09 ($5.26).
RBS (LON:RBS) opened at 303.20 on Friday. RBS has a 52-week low of GBX 267.00 and a 52-week high of GBX 387.50. The stock’s 50-day moving average is GBX 307.8 and its 200-day moving average is GBX 334.8. The company’s market cap is £34.128 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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