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.
Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.