Sanford C. Bernstein reissued their outperform rating on shares of RBS (LON:RBS) in a research note released on Wednesday morning, Analyst RN reports. They currently have a GBX 470 ($7.69) target price on the stock.
RBS (LON:RBS) traded down 0.06% on Wednesday, hitting GBX 330.90. The stock had a trading volume of 10,162,019 shares. RBS has a one year low of GBX 264.972 and a one year high of GBX 387.50. The stock has a 50-day moving average of GBX 342.1 and a 200-day moving average of GBX 335.1. The company’s market cap is £37.137 billion.
A number of other firms have also recently commented on RBS. Analysts at Grupo Santander downgraded shares of RBS to a hold rating in a research note to investors on Tuesday. They now have a GBX 340 ($5.57) price target on the stock. Separately, analysts at Deutsche Bank reiterated a sell rating on shares of RBS in a research note to investors on Monday. They now have a GBX 320 ($5.24) price target on the stock. Finally, analysts at Credit Suisse reiterated an underperform rating on shares of RBS in a research note to investors on Friday, November 29th. They now have a GBX 265 ($4.34) price target on the stock. Thirteen analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the stock. RBS has an average rating of Hold and a consensus price target of GBX 331.18 ($5.42).
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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