RBS Given “Outperform” Rating at Sanford C. Bernstein (RBS)
RBS (LON:RBS)‘s stock had its “outperform” rating reaffirmed by equities researchers at Sanford C. Bernstein in a research report issued on Tuesday. They currently have a GBX 440 ($7.40) price target on the stock. Sanford C. Bernstein’s price target suggests a potential upside of 28.21% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at BNP Paribas reiterated an “underperform” rating on shares of RBS in a research note on Thursday, June 5th. Separately, analysts at Jefferies Group raised their price target on shares of RBS from GBX 414 ($6.96) to GBX 418 ($7.03) in a research note on Thursday, June 5th. They now have a “buy” rating on the stock. Finally, analysts at Credit Suisse reiterated an “underperform” rating on shares of RBS in a research note on Wednesday, June 4th. Thirteen analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the stock. RBS presently has a consensus rating of “Hold” and a consensus price target of GBX 319.16 ($5.37).
RBS (LON:RBS) opened at 342.70 on Tuesday. 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 325.5 and a 200-day moving average of GBX 329.6. The company’s market cap is £38.660 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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