RBS Given Neutral Rating at Mediobanca SpA (RBS)
RBS (LON:RBS)‘s stock had its “neutral” rating restated by investment analysts at Mediobanca SpA in a note issued to investors on Tuesday. They currently have a GBX 330 ($5.60) price target on the stock. Mediobanca SpA’s target price indicates a potential downside of 2.83% from the stock’s previous close.
RBS has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of RBS in a research note on Tuesday. They now have a GBX 325 ($5.52) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “sell” rating on shares of RBS in a research note on Tuesday. They now have a GBX 300 ($5.09) 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. They now have a GBX 320 ($5.43) price target on the stock. Thirteen equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of GBX 319.16 ($5.42).
Shares of RBS (LON:RBS) opened at 337.425 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 330.8 and a 200-day moving average of GBX 329.. The company’s market cap is £38.065 billion.
The Royal Bank of Scotland Group plc (LON:RBS) is a holding company of a global banking and financial services group.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.