Royal Bank of Scotland Group (RBS) Stock Rating Reaffirmed by Citigroup

Royal Bank of Scotland Group (LON:RBS)‘s stock had its “neutral” rating reissued by research analysts at Citigroup in a research note issued on Monday.

RBS has been the subject of several other research reports. Berenberg Bank increased their target price on Royal Bank of Scotland Group from GBX 275 ($3.80) to GBX 300 ($4.14) and gave the stock a “buy” rating in a research report on Monday, October 30th. Deutsche Bank reaffirmed a “hold” rating and set a GBX 315 ($4.35) price objective on shares of Royal Bank of Scotland Group in a research report on Monday, February 5th. Jefferies Group reaffirmed a “buy” rating on shares of Royal Bank of Scotland Group in a research report on Monday, December 18th. Societe Generale reaffirmed a “sell” rating on shares of Royal Bank of Scotland Group in a research report on Monday, October 23rd. Finally, HSBC raised their price objective on Royal Bank of Scotland Group from GBX 250 ($3.45) to GBX 280 ($3.87) and gave the company a “hold” rating in a research report on Friday, November 17th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 275.33 ($3.80).

Shares of Royal Bank of Scotland Group (LON RBS) traded up GBX 2.50 ($0.03) during trading hours on Monday, hitting GBX 277 ($3.83). The stock had a trading volume of 16,136,840 shares, compared to its average volume of 11,070,000. Royal Bank of Scotland Group has a 12-month low of GBX 221.80 ($3.06) and a 12-month high of GBX 304.20 ($4.20). The company has a market cap of $33,150.00 and a price-to-earnings ratio of -1,025.93.

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About Royal Bank of Scotland Group

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 (LON:RBS)

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