Shares of Royal Bank of Scotland Group plc (LON:RBS) have been given an average rating of “Hold” by the eighteen ratings firms that are covering the stock, Marketbeat.com reports. Six equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 243.31 ($3.15).

Several research analysts have recently weighed in on the company. Deutsche Bank AG reduced their price objective on Royal Bank of Scotland Group plc from GBX 277 ($3.59) to GBX 275 ($3.56) and set a “hold” rating for the company in a research report on Wednesday, July 5th. Jefferies Group LLC reaffirmed a “hold” rating and set a GBX 262 ($3.39) price objective on shares of Royal Bank of Scotland Group plc in a research report on Wednesday, July 5th. Credit Suisse Group reaffirmed an “underperform” rating and set a GBX 255 ($3.30) price objective on shares of Royal Bank of Scotland Group plc in a research report on Wednesday, July 5th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a GBX 285 ($3.69) price objective on shares of Royal Bank of Scotland Group plc in a research report on Thursday, June 22nd. Finally, HSBC Holdings plc reaffirmed a “reduce” rating and set a GBX 210 ($2.72) price objective on shares of Royal Bank of Scotland Group plc in a research report on Thursday, June 8th.

Royal Bank of Scotland Group plc (LON RBS) traded up 0.04% during midday trading on Tuesday, hitting GBX 256.50. The stock had a trading volume of 6,939,288 shares. Royal Bank of Scotland Group plc has a 52 week low of GBX 155.00 and a 52 week high of GBX 271.00. The firm’s market cap is GBX 30.30 billion. The stock has a 50-day moving average of GBX 255.95 and a 200-day moving average of GBX 241.24.

In other news, insider Ross McEwan bought 187,674 shares of the firm’s stock in a transaction dated Friday, May 12th. The shares were bought at an average price of GBX 266 ($3.45) per share, with a total value of £499,212.84 ($646,648.76).

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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.

Analyst Recommendations for Royal Bank of Scotland Group plc (LON:RBS)

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