Royal Bank of Scotland Group plc Stock Rating Lowered by Investec (RBS)

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Investec downgraded shares of Royal Bank of Scotland Group plc (NYSE:RBS) from a hold rating to a sell rating in a research note released on Thursday morning.

A number of other firms have also recently commented on RBS. Analysts at Zacks upgraded shares of Royal Bank of Scotland Group plc from a neutral rating to an outperform rating in a research note on Monday. They now have a $12.40 price target on the stock. Finally, analysts at Deutsche Bank upgraded shares of Royal Bank of Scotland Group plc from a sell rating to a hold rating in a research note on Thursday, April 24th. Eight analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of $12.40.

Shares of Royal Bank of Scotland Group plc (NYSE:RBS) opened at 11.56 on Thursday. Royal Bank of Scotland Group plc has a 52-week low of $8.15 and a 52-week high of $12.44. The stock’s 50-day moving average is $11.03 and its 200-day moving average is $10.95. The company’s market cap is $65.204 billion.

The Royal Bank of Scotland Group plc (NYSE:RBS) is a holding company of a global banking and financial services group.

To view Investec’s full report, visit Investec’s official website.

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