Deutsche Bank reaffirmed their sell rating on shares of RBS (LON:RBS) in a report issued on Monday, American Banking & Market News reports. They currently have a GBX 320 ($5.24) target price on the stock.
Deutsche Bank has also updated their ratings on a number of other stocks in the last week. The firm reiterated its buy rating on shares of CRH PLC. Also, Deutsche Bank reiterated its buy rating on shares of Barclays. Finally, Deutsche Bank reiterated its hold rating on shares of SAP Aktiengesellschaft.
RBS has been the subject of a number of other recent research reports. Analysts at Credit Suisse reiterated an underperform rating on shares of RBS in a research note to investors on Friday. They now have a GBX 265 ($4.34) price target on the stock. Separately, analysts at BNP Paribas reiterated an underperform rating on shares of RBS in a research note to investors on Friday, November 22nd. They now have a GBX 325 ($5.32) price target on the stock. Thirteen research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the company. RBS currently has a consensus rating of Hold and a consensus target price of GBX 331.18 ($5.42).
RBS (LON:RBS) traded down 0.12% during mid-day trading on Monday, hitting GBX 331.00. 9,440,760 shares of the company’s stock traded hands. RBS has a 52 week low of GBX 264.972 and a 52 week high of GBX 387.50. The stock has a 50-day moving average of GBX 344.2 and a 200-day moving average of GBX 335.2. The company’s market cap is £37.148 billion.
The Royal Bank of Scotland Group plc (LON:RBS) is a holding company of a global banking and financial services group.
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