RBS Given “Neutral” Rating at Espirito Santo Investment Bank Research (RBS)
RBS (LON:RBS)‘s stock had its “neutral” rating restated by stock analysts at Espirito Santo Investment Bank Research in a report issued on Friday. They currently have a GBX 320 ($5.47) target price on the stock. Espirito Santo Investment Bank Research’s target price points to a potential downside of 12.14% from the stock’s previous close.
A number of other analysts have also recently weighed in on RBS. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of RBS in a research note on Monday, July 21st. They now have a GBX 275 ($4.70) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of RBS in a research note on Monday, July 21st. They now have a GBX 325 ($5.55) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of RBS in a research note on Thursday, July 17th. They now have a GBX 440 ($7.52) price target on the stock. Thirteen analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 313.42 ($5.36).
Shares of RBS (LON:RBS) opened at 364.20 on Friday. RBS has a 1-year low of GBX 291.60 and a 1-year high of GBX 387.50. The stock’s 50-day moving average is GBX 330.5 and its 200-day moving average is GBX 329.3. The company’s market cap is £41.085 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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