Royal Bank of Scotland Group PLC (NYSE:RBS) has earned an average rating of “Hold” from the twenty-one brokerages that are covering the stock. Eight research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $5.76.

Several brokerages have weighed in on RBS. Macquarie raised Royal Bank of Scotland Group PLC from a “neutral” rating to an “outperform” rating in a research report on Friday, April 21st. Natixis raised Royal Bank of Scotland Group PLC from a “reduce” rating to a “buy” rating in a research report on Friday, March 17th. Berenberg Bank raised Royal Bank of Scotland Group PLC from a “hold” rating to a “buy” rating in a research report on Thursday, March 2nd. Investec raised Royal Bank of Scotland Group PLC from a “sell” rating to a “hold” rating in a research report on Monday, March 27th. Finally, Goldman Sachs Group Inc downgraded Royal Bank of Scotland Group PLC from a “buy” rating to a “neutral” rating in a research report on Tuesday, January 17th.

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Shares of Royal Bank of Scotland Group PLC (NYSE:RBS) opened at 6.72 on Monday. The company’s market cap is $39.70 billion. Royal Bank of Scotland Group PLC has a 12-month low of $3.91 and a 12-month high of $7.60. The firm has a 50 day moving average price of $6.30 and a 200-day moving average price of $5.72.

Royal Bank of Scotland Group PLC (NYSE:RBS) last issued its earnings results on Friday, April 28th. The financial services provider reported $0.18 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.05. The company had revenue of $3.98 billion during the quarter. Royal Bank of Scotland Group PLC had a positive return on equity of 3.25% and a negative net margin of 25.80%. On average, equities analysts expect that Royal Bank of Scotland Group PLC will post ($14.00) earnings per share for the current fiscal year.

Several large investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP boosted its stake in Royal Bank of Scotland Group PLC by 10.1% in the first quarter. Dimensional Fund Advisors LP now owns 3,332,105 shares of the financial services provider’s stock worth $20,226,000 after buying an additional 307,009 shares during the period. Geode Capital Management LLC raised its position in shares of Royal Bank of Scotland Group PLC by 42.0% in the first quarter. Geode Capital Management LLC now owns 31,330 shares of the financial services provider’s stock worth $190,000 after buying an additional 9,268 shares in the last quarter. LMR Partners LLP bought a new position in shares of Royal Bank of Scotland Group PLC during the first quarter worth $4,188,000. Quantum Capital Management bought a new position in shares of Royal Bank of Scotland Group PLC during the first quarter worth $107,000. Finally, Stevens Capital Management LP bought a new position in shares of Royal Bank of Scotland Group PLC during the first quarter worth $176,000. Hedge funds and other institutional investors own 0.32% of the company’s stock.

About Royal Bank of Scotland Group PLC

The Royal Bank of Scotland Group plc (RBS) is a banking and financial services company. The Company provides a range of products and services to personal, commercial, corporate and institutional customers, through its subsidiaries, The Royal Bank of Scotland plc and National Westminster Bank Plc (NatWest), as well as through other brands, including Ulster Bank and Coutts.

5 Day Chart for NYSE:RBS

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