Royal Bank of Scotland Group (LON:RBS) Given Hold Rating at Societe Generale

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Royal Bank of Scotland Group (LON:RBS)‘s stock had its “hold” rating reaffirmed by Societe Generale in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.

Several other equities analysts also recently commented on the stock. Jefferies Financial Group reissued a “buy” rating on shares of Royal Bank of Scotland Group in a research report on Monday, July 1st. Deutsche Bank downgraded shares of Royal Bank of Scotland Group from a “buy” rating to a “hold” rating and lowered their target price for the stock from GBX 290 ($3.79) to GBX 215 ($2.81) in a research report on Friday, September 6th. Goldman Sachs Group reissued a “buy” rating and set a GBX 325 ($4.25) target price (down from GBX 360 ($4.70)) on shares of Royal Bank of Scotland Group in a research report on Tuesday, August 13th. Macquarie downgraded shares of Royal Bank of Scotland Group from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from GBX 246 ($3.21) to GBX 201 ($2.63) in a research report on Thursday, August 15th. Finally, Numis Securities reissued a “buy” rating on shares of Royal Bank of Scotland Group in a research report on Monday, June 3rd. Ten research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 264 ($3.45).

Royal Bank of Scotland Group stock opened at GBX 197.65 ($2.58) on Tuesday. The company has a market capitalization of $24.08 billion and a price-to-earnings ratio of 8.67. Royal Bank of Scotland Group has a one year low of GBX 176.55 ($2.31) and a one year high of GBX 274.20 ($3.58). The company’s fifty day moving average price is GBX 197.10 and its two-hundred day moving average price is GBX 227.69.

About Royal Bank of Scotland Group

The Royal Bank of Scotland Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide. It operates through Personal & Business Banking, Commercial & Private Banking, RBS International, and NatWest Markets segments.

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Analyst Recommendations for Royal Bank of Scotland Group (LON:RBS)

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