Royal Bank of Scotland Group plc (LON: RBS)‘s stock had its “sell” rating restated by equities researchers at Investec Securities in a report issued on Friday. They currently have a $4.36 (290 GBX) target price on the stock.
Royal Bank of Scotland Group plc traded down 3.06% on Friday, hitting GBX 314.00. Royal Bank of Scotland Group plc has a 1-year low of GBX 193.30 and a 1-year high of GBX 370.62. The stock’s 50-day moving average is currently GBX 265.8. The company’s market cap is £20.363 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays Capital reiterated an “overweight” rating on shares of Royal Bank of Scotland Group plc in a research note to investors on Friday. They now have a $5.00 price target on the stock, up previously from $4.96. Separately, analysts at Societe Generale downgraded shares of Royal Bank of Scotland Group plc from a “buy” rating to a “hold” rating in a research note to investors on Friday. They now have a $4.93 price target on the stock, down previously from $5.00. Finally, analysts at Investec reiterated a “sell” rating on shares of Royal Bank of Scotland Group plc in a research note to investors on Friday. They now have a $4.40 price target on the stock.
The Royal Bank of Scotland Group plc (RBS) is a holding company of a global banking and financial services group.
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