Royal Bank of Scotland Group plc (RBS) Receives GBX 267.47 Average Target Price from Analysts

Royal Bank of Scotland Group plc (LON:RBS) has been given an average recommendation of “Hold” by the twenty ratings firms that are currently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 268.25 ($3.53).

Several equities analysts have commented on the company. Berenberg Bank reiterated a “buy” rating and issued a GBX 275 ($3.62) target price on shares of Royal Bank of Scotland Group plc in a research report on Wednesday, August 9th. upgraded Royal Bank of Scotland Group plc from a “reduce” rating to a “hold” rating and increased their target price for the company from GBX 210 ($2.76) to GBX 250 ($3.29) in a research report on Friday, August 11th. Deutsche Bank AG reiterated a “hold” rating and issued a GBX 269 ($3.54) target price on shares of Royal Bank of Scotland Group plc in a research report on Tuesday, September 26th. HSBC Holdings PLC increased their target price on Royal Bank of Scotland Group plc from GBX 250 ($3.29) to GBX 280 ($3.68) and gave the company a “hold” rating in a research report on Friday. Finally, Barclays PLC reiterated an “equal weight” rating on shares of Royal Bank of Scotland Group plc in a research report on Monday, August 7th.

Shares of Royal Bank of Scotland Group plc (RBS) traded up GBX 0.40 ($0.01) during mid-day trading on Monday, hitting GBX 274.40 ($3.61). The company had a trading volume of 7,529,274 shares, compared to its average volume of 12,010,000. Royal Bank of Scotland Group plc has a twelve month low of GBX 187.10 ($2.46) and a twelve month high of GBX 290.50 ($3.82).

In other news, insider Ross McEwan acquired 177,104 shares of Royal Bank of Scotland Group plc stock in a transaction on Tuesday, November 7th. The stock was purchased at an average price of GBX 282 ($3.71) per share, with a total value of £499,433.28 ($656,889.75).

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About Royal Bank of Scotland Group plc

The Royal Bank of Scotland Group plc (RBS) is a banking and financial services company. The Company provides a range of products and services to personal, commercial, corporate and institutional customers, through its subsidiaries, The Royal Bank of Scotland plc and National Westminster Bank Plc (NatWest), as well as through other brands, including Ulster Bank and Coutts.

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

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