RBS’s Outperform Rating Reaffirmed at Sanford C. Bernstein (RBS)
RBS (LON:RBS)‘s stock had its “outperform” rating reaffirmed by Sanford C. Bernstein in a research note issued on Friday. They currently have a GBX 440 ($7.40) target price on the stock. Sanford C. Bernstein’s price target points to a potential upside of 32.57% from the company’s current price.
A number of other firms have also recently commented on RBS. Analysts at BNP Paribas reiterated an “underperform” rating on shares of RBS in a research note on Thursday. They now have a GBX 315 ($5.30) price target on the stock. Separately, analysts at Credit Suisse raised their price target on shares of RBS from GBX 265 ($4.46) to GBX 280 ($4.71) in a research note on Monday. They now have an “underperform” rating on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of RBS in a research note on Friday, May 16th. Thirteen investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 316.46 ($5.32).
Shares of RBS (LON:RBS) opened at 333.12 on Friday. RBS has a 52 week low of GBX 267.00 and a 52 week high of GBX 387.50. The stock has a 50-day moving average of GBX 314.7 and a 200-day moving average of GBX 328.. The company’s market cap is £37.579 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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