RBS Receives Consensus Rating of “Hold” from Analysts (LON:RBS)
RBS (LON:RBS) has been given an average rating of “Hold” by the thirty brokerages that are presently covering the stock, AmericanBankingNews.com reports. Fourteen investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 314.22 ($5.39).
RBS has been the subject of a number of recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of RBS in a research note on Wednesday. They now have a GBX 320 ($5.49) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of RBS in a research note on Monday. They now have a GBX 440 ($7.55) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “sell” rating on shares of RBS in a research note on Monday. They now have a GBX 300 ($5.15) price target on the stock.
RBS (LON:RBS) opened at 308.60 on Thursday. RBS has a 52-week low of GBX 291.60 and a 52-week high of GBX 387.50. The stock’s 50-day moving average is GBX 334.8 and its 200-day moving average is GBX 330.2. The company’s market cap is £34.813 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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