Royal Bank of Scotland Group PLC (NYSE:RBS) shares saw an uptick in trading volume on Wednesday . 7,700,635 shares changed hands during trading, an increase of 14% from the previous session’s volume of 6,772,766 shares.The stock last traded at $4.02 and had previously closed at $4.27.

A number of brokerages recently issued reports on RBS. Mediobanca SpA reissued a “neutral” rating on shares of Royal Bank of Scotland Group PLC in a research report on Wednesday. Societe Generale reaffirmed a “hold” rating on shares of Royal Bank of Scotland Group PLC in a report on Friday, June 17th. Zacks Investment Research downgraded Royal Bank of Scotland Group PLC from a “hold” rating to a “sell” rating in a report on Thursday, June 30th. Deutsche Bank AG reaffirmed a “hold” rating on shares of Royal Bank of Scotland Group PLC in a report on Friday, June 17th. Finally, Royal Bank Of Canada downgraded Royal Bank of Scotland Group PLC from an “outperform” rating to an “underperform” rating in a report on Monday, June 27th. Six analysts have rated the stock with a sell rating, seven have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. Royal Bank of Scotland Group PLC has a consensus rating of “Hold” and an average target price of $37.03.

The company’s market capitalization is $23.48 billion. The stock has a 50-day moving average of $6.30 and a 200 day moving average of $6.85.

Other institutional investors have made changes to their positions in the company. Dimensional Fund Advisors LP increased its position in shares of Royal Bank of Scotland Group PLC by 8.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,169,701 shares of the company’s stock worth $28,115,000 after buying an additional 255,723 shares in the last quarter. Comerica Bank increased its position in shares of Royal Bank of Scotland Group PLC by 86.1% in the fourth quarter. Comerica Bank now owns 314,935 shares of the company’s stock worth $2,570,000 after buying an additional 145,692 shares in the last quarter. Finally, Nationwide Fund Advisors increased its position in shares of Royal Bank of Scotland Group PLC by 4.2% in the fourth quarter. Nationwide Fund Advisors now owns 136,811 shares of the company’s stock worth $1,214,000 after buying an additional 5,506 shares in the last quarter.

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

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