Royal Bank of Scotland Group plc (LON:RBS) had its price objective hoisted by equities researchers at Morgan Stanley from GBX 245 ($3.30) to GBX 265 ($3.57) in a report released on Monday. The brokerage currently has an “equal weight” rating on the financial services provider’s stock. Morgan Stanley’s target price suggests a potential upside of 1.03% from the stock’s previous close.

Other equities analysts have also issued reports about the company. Credit Suisse Group reissued an “underperform” rating and issued a GBX 255 ($3.44) price objective on shares of Royal Bank of Scotland Group plc in a report on Wednesday, July 5th. Deutsche Bank AG reissued a “hold” rating and issued a GBX 269 ($3.63) price objective on shares of Royal Bank of Scotland Group plc in a report on Tuesday, September 19th. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a GBX 285 ($3.84) price objective on shares of Royal Bank of Scotland Group plc in a report on Thursday, June 22nd. HSBC Holdings plc reissued a “hold” rating and issued a GBX 250 ($3.37) price objective on shares of Royal Bank of Scotland Group plc in a report on Monday, September 18th. Finally, J P Morgan Chase & Co reissued a “neutral” rating and issued a GBX 265 ($3.57) price objective on shares of Royal Bank of Scotland Group plc in a report on Tuesday, September 19th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of GBX 257.72 ($3.47).

Shares of Royal Bank of Scotland Group plc (LON RBS) traded down 0.34% on Monday, hitting GBX 261.40. The company’s stock had a trading volume of 9,227,055 shares. Royal Bank of Scotland Group plc has a 1-year low of GBX 168.20 and a 1-year high of GBX 271.00. The firm’s market cap is GBX 31.00 billion. The company has a 50 day moving average of GBX 253.84 and a 200 day moving average of GBX 250.88.

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Royal Bank of Scotland Group plc Company Profile

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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