Royal Bank of Scotland Group plc (RBS) Receives “Hold” Rating from Shore Capital

Shore Capital reaffirmed their hold rating on shares of Royal Bank of Scotland Group plc (LON:RBS) in a research report released on Thursday, July 13th.

A number of other analysts have also weighed in on RBS. Goldman Sachs Group, Inc. (The) restated a neutral rating and set a GBX 285 ($3.71) price objective on shares of Royal Bank of Scotland Group plc in a research note on Friday, June 9th. Jefferies Group LLC reiterated a hold rating and issued a GBX 262 ($3.41) price target on shares of Royal Bank of Scotland Group plc in a research note on Thursday, July 13th. Investec upgraded shares of Royal Bank of Scotland Group plc to a hold rating and set a GBX 260 ($3.39) price target for the company in a research note on Wednesday, June 7th. HSBC Holdings plc reiterated a reduce rating and issued a GBX 210 ($2.73) price target on shares of Royal Bank of Scotland Group plc in a research note on Thursday, June 8th. Finally, J P Morgan Chase & Co reiterated a neutral rating and issued a GBX 230 ($3.00) price target on shares of Royal Bank of Scotland Group plc in a research note on Tuesday, May 2nd. Five investment analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of GBX 246.84 ($3.21).

Shares of Royal Bank of Scotland Group plc (RBS) traded down 0.43% during midday trading on Thursday, reaching GBX 257.10. 12,397,439 shares of the company’s stock were exchanged. Royal Bank of Scotland Group plc has a 12-month low of GBX 168.20 and a 12-month high of GBX 271.00. The stock’s market capitalization is GBX 30.49 billion. The firm has a 50-day moving average of GBX 253.27 and a 200-day moving average of GBX 247.40.

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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.

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