RBS Earns Sell Rating from Investec (RBS)
RBS has been the subject of a number of other recent research reports. Analysts at Grupo Santander upgraded shares of RBS to a “buy” rating in a research note on Wednesday, August 27th. They now have a GBX 430 ($7.14) price target on the stock. Separately, 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 ($4.45) price target on the stock. Finally, 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 ($7.63) price target on the stock. Thirteen analysts have rated the stock with a sell rating, ten have given a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 321.75 ($5.34).
Shares of RBS (LON:RBS) opened at 359.855 on Monday. 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 344.3 and a 200-day moving average of GBX 330.0. The company’s market cap is £40.790 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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