Credit Suisse Reiterates Underperform Rating for RBS (RBS)
RBS (LON:RBS) opened at 335.00 on Wednesday. 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 320.8 and its 200-day moving average is GBX 329.3. The company’s market cap is £37.791 billion.
A number of other firms have also recently commented on RBS. Analysts at Barclays raised their price target on shares of RBS from GBX 300 ($5.03) to GBX 320 ($5.36) in a research note on Tuesday. They now have an “equal weight” rating on the stock. Separately, analysts at Societe Generale reiterated a “hold” rating on shares of RBS in a research note on Tuesday, May 27th. They now have a GBX 350 ($5.87) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of RBS in a research note on Friday, May 23rd. They now have a GBX 440 ($7.38) price target on the stock. Thirteen analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of GBX 318.82 ($5.34).
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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