Royal Bank of Scotland Group PLC (NYSE:RBS) reached a new 52-week low during trading on Tuesday . The stock traded as low as $4.22 and last traded at $4.26, with a volume of 5,504,479 shares trading hands. The stock had previously closed at $4.61.

Several equities research analysts have commented on the company. Mediobanca SpA restated a “neutral” rating on shares of Royal Bank of Scotland Group PLC in a research note on Wednesday. Macquarie raised Royal Bank of Scotland Group PLC from a “neutral” rating to an “outperform” rating in a research report on Tuesday. Zacks Investment Research lowered Royal Bank of Scotland Group PLC from a “hold” rating to a “sell” rating in a research report on Thursday, June 30th. Barclays PLC lowered Royal Bank of Scotland Group PLC from an “equal weight” rating to an “underweight” rating in a research report on Monday, June 27th. Finally, BNP Paribas lowered Royal Bank of Scotland Group PLC from an “outperform” rating to a “neutral” rating in a research report on Monday, June 27th. Six analysts have rated the stock with a sell rating, seven have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $37.03.

The firm has a 50-day moving average price of $6.30 and a 200-day moving average price of $6.85. The firm’s market cap is $23.48 billion.

An institutional investor recently raised its position in Royal Bank of Scotland Group PLC stock. Nationwide Fund Advisors boosted its stake in Royal Bank of Scotland Group PLC (NYSE:RBS) by 4.2% during the fourth quarter, Holdings Channel reports. The fund owned 136,811 shares of the company’s stock after buying an additional 5,506 shares during the period. Nationwide Fund Advisors’ holdings in Royal Bank of Scotland Group PLC were worth $1,214,000 at the end of the most recent 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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