RBS Given Average Recommendation of “Hold” by Analysts (LON:RBS)
RBS (LON:RBS) has earned an average rating of “Hold” from the thirty ratings firms that are covering the stock, Analyst Ratings News reports. Thirteen investment analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 319.10 ($5.28).
Shares of RBS (LON:RBS) opened at 358.30 on Thursday. RBS has a one year low of GBX 291.60 and a one year high of GBX 387.50. The stock has a 50-day moving average of GBX 339.3 and a 200-day moving average of GBX 329.0. The company’s market cap is £40.613 billion.
RBS has been the subject of a number of recent research reports. Analysts at WH Ireland reiterated a “buy” rating on shares of RBS in a research note on Wednesday, August 20th. They now have a GBX 268 ($4.43) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of RBS in a research note on Tuesday, August 19th. They now have a GBX 460 ($7.61) price target on the stock. Finally, 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 ($5.71) price target on the stock.
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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