Royal Bank of Scotland Group plc’s (RBS) “Hold” Rating Reaffirmed at Deutsche Bank AG

Deutsche Bank AG reissued their hold rating on shares of Royal Bank of Scotland Group plc (LON:RBS) in a report issued on Monday. Deutsche Bank AG currently has a GBX 300 ($3.96) target price on the financial services provider’s stock.

RBS has been the subject of a number of other research reports. Barclays PLC reissued an equal weight rating on shares of Royal Bank of Scotland Group plc in a report on Monday, August 7th. Shore Capital reaffirmed a hold rating on shares of Royal Bank of Scotland Group plc in a report on Friday, August 4th. Societe Generale reaffirmed a sell rating on shares of Royal Bank of Scotland Group plc in a report on Monday, October 23rd. Morgan Stanley lifted their target price on shares of Royal Bank of Scotland Group plc from GBX 245 ($3.23) to GBX 265 ($3.50) and gave the stock an equal weight rating in a report on Monday, September 25th. Finally, Credit Suisse Group reaffirmed an underperform rating and set a GBX 255 ($3.37) target price on shares of Royal Bank of Scotland Group plc in a report on Thursday, July 13th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have assigned a buy rating to the stock. Royal Bank of Scotland Group plc has an average rating of Hold and a consensus price target of GBX 264.39 ($3.49).

Shares of Royal Bank of Scotland Group plc (LON RBS) traded down 0.60% during trading on Monday, reaching GBX 282.50. The company’s stock had a trading volume of 10,494,288 shares. Royal Bank of Scotland Group plc has a 12 month low of GBX 180.00 and a 12 month high of GBX 290.50. The company’s market capitalization is GBX 33.50 billion. The company’s 50-day moving average is GBX 268.81 and its 200-day moving average is GBX 257.73.

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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.

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