Royal Bank Scotland PLC (The) (NYSE: RBS) has recently received a number of price target changes and ratings updates:

  • 10/3/2017 – Royal Bank Scotland PLC (The) was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.
  • 9/29/2017 – Royal Bank Scotland PLC (The) was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $8.25 price target on the stock. According to Zacks, “The Royal Bank of Scotland Group plc is the holding company of one of the world’s largest banking and financial services groups, with a market capitalisation of £62.8 billion at the end of 2006. Headquartered in Edinburgh, the Group operates in the UK, US and internationally through its two principal subsidiaries, the Royal Bank and NatWest. Both the Royal Bank and NatWest are major UK clearing banks whose origins go back over 275 years. In the US, the Group’s subsidiary Citizens is ranked the eighth largest commercial banking organisation by deposits. The Group has a large and diversified customer base and provides a wide range of products and services to personal, commercial and large corporate and institutional customers. “
  • 9/27/2017 – Royal Bank Scotland PLC (The) was upgraded by analysts at Jefferies Group LLC from a “hold” rating to a “buy” rating.
  • 9/22/2017 – Royal Bank Scotland PLC (The) was upgraded by analysts at Bank of America Corporation from an “underperform” rating to a “neutral” rating.
  • 9/4/2017 – Royal Bank Scotland PLC (The) was upgraded by analysts at Royal Bank Of Canada from an “underperform” rating to a “sector perform” rating.
  • 9/1/2017 – Royal Bank Scotland PLC (The) was downgraded by analysts at ValuEngine from a “strong-buy” rating to a “buy” rating.
  • 8/15/2017 – Royal Bank Scotland PLC (The) was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “The Royal Bank of Scotland Group plc is the holding company of one of the world’s largest banking and financial services groups, with a market capitalisation of £62.8 billion at the end of 2006. Headquartered in Edinburgh, the Group operates in the UK, US and internationally through its two principal subsidiaries, the Royal Bank and NatWest. Both the Royal Bank and NatWest are major UK clearing banks whose origins go back over 275 years. In the US, the Group’s subsidiary Citizens is ranked the eighth largest commercial banking organisation by deposits. The Group has a large and diversified customer base and provides a wide range of products and services to personal, commercial and large corporate and institutional customers. “
  • 8/11/2017 – Royal Bank Scotland PLC (The) was upgraded by analysts at HSBC Holdings plc from a “reduce” rating to a “hold” rating.

Shares of Royal Bank Scotland PLC (RBS) opened at 7.25 on Wednesday. The stock’s market capitalization is $42.99 billion. The firm has a 50-day moving average price of $6.80 and a 200-day moving average price of $6.58. Royal Bank Scotland PLC has a 1-year low of $4.18 and a 1-year high of $7.37.

Royal Bank Scotland PLC (The) (NYSE:RBS) last posted its quarterly earnings results on Friday, August 4th. The financial services provider reported $0.24 EPS for the quarter, topping the consensus estimate of $0.14 by $0.10. Royal Bank Scotland PLC (The) had a negative net margin of 23.27% and a positive return on equity of 6.92%. The company had revenue of $4.74 billion during the quarter, compared to analysts’ expectations of $4.10 billion. On average, equities research analysts forecast that Royal Bank Scotland PLC will post ($14.00) earnings per share for the current year.

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.

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