Barclays Capital upgraded shares of Royal Bank Scotland (NYSE: RBS) from an equal weight rating to an overweight rating in a research note issued to investors on Wednesday, Analyst Ratings.Net reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup downgraded shares of Royal Bank Scotland from a neutral rating to a sell rating in a research note to investors on Tuesday, May 28th. Separately, analysts at Numis Securities Ltd upgraded shares of Royal Bank Scotland to a buy rating in a research note to investors on Monday, May 20th. Finally, analysts at Bank of America downgraded shares of Royal Bank Scotland from a buy rating to a neutral rating in a research note to investors on Wednesday, May 8th.
Three research analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of $10.52.
Shares of Royal Bank Scotland (NYSE: RBS) traded down 1.09% during mid-day trading on Wednesday, hitting $9.94. Royal Bank Scotland has a 52 week low of $6.01 and a 52 week high of $11.84. The stock’s 50-day moving average is currently $9.77. The company’s market cap is $55.321 billion.
The Royal Bank of Scotland Group plc (NYSE: RBS) is a holding company of a global banking and financial services group.