Royal Bank of Scotland Group (LON:RBS) Rating Maintained
In a research report issued to clients on today, AlphaValue maintained their Add rating on Royal Bank of Scotland Group (LON:RBS)’s stock. The target price suggests a potential upside of 6.70% from company’s current stock price.
Out of 18 analysts covering Royal Bank of Scotland Group The PLC (LON:RBS), 5 rate it “Buy”, 2 “Sell”, while 11 “Hold”. This means 28% are positive. GBX 510 is the highest target while GBX 250 is the lowest. The GBX 365.53 average target is 12.70% above today’s (GBX 324.34) stock price. Royal Bank of Scotland Group The PLC was the topic in 50 analyst reports since July 23, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained the stock on October 15 with “Hold” rating. Nomura maintained it with “Neutral” rating and GBX 360 target price in an October 2 report. Bernstein maintained the shares of RBS in a report on October 14 with “Outperform” rating. RBC Capital Markets upgraded the firm’s rating on September 25. RBC Capital Markets has “Hold” rating and GBX 350 price target. Finally, BNP Paribas maintained the stock with “Neutral” rating in an October 5 report.
About 3.04 million shares traded hands. Royal Bank of Scotland Group plc (LON:RBS) has declined 8.67% since March 18, 2015 and is downtrending. It has underperformed by 5.20% the S&P500.
Analysts await Royal Bank of Scotland Group PLC (NYSE:RBS) to reports earnings on October, 30 before the open.
The Royal Bank of Scotland Group plc provides financial services and products to personal, commercial, corporate and institutional customers. The company has a market cap of 37.58 billion GBP. The Firm conducts its business through three franchises and seven operating divisions. It currently has negative earnings. The Company’s Personal & Business Banking (PBB) franchise consists of two divisions: UK Personal & Business Banking (UK PBB), including Williams & Glyn, and Ulster Bank.
The Royal Bank of Scotland Group plc is the holding company of one of the world’s largest banking and financial services groups, with a market capitalisation of #62.8 billion at the end of 2006. Headquartered in Edinburgh, the Group operates in the UK, US and internationally through its two principal subsidiaries, the Royal Bank and NatWest. Both the Royal Bank and NatWest are major UK clearing banks whose origins go back over 275 years. In the US, the Group’s subsidiary Citizens is ranked the eighth largest commercial banking organisation by deposits. The Group has a large and diversified customer base and provides a wide range of products and services to personal, commercial and large corporate and institutional customers.
Royal Bank of Scotland Group - Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.