RBS’s Buy Rating Reiterated at WH Ireland (RBS)
RBS (LON:RBS)‘s stock had its “buy” rating reissued by equities research analysts at WH Ireland in a research note issued to investors on Wednesday. They currently have a GBX 268 ($4.48) price target on the stock. WH Ireland’s price target indicates a potential downside of 25.43% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of RBS in a research note on Tuesday. They now have a GBX 460 ($7.69) price target on the stock. Separately, analysts at Nomura reiterated a “reduce” rating on shares of RBS in a research note on Thursday, August 14th. They now have a GBX 345 ($5.77) 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 Tuesday, August 12th. They now have a GBX 320 ($5.35) price target on the stock. Thirteen investment analysts have rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of GBX 319.10 ($5.33).
Shares of RBS (LON:RBS) opened at 358.50 on Wednesday. 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 336.7 and its 200-day moving average is GBX 328.4. The company’s market cap is £40.636 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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