Royal Bank of Scotland Group PLC (NYSE:RBS)’s share price rose 2.7% on Thursday . The stock traded as high as $4.27 and last traded at $4.15, with a volume of 3,250,363 shares trading hands. The stock had previously closed at $4.04.

RBS has been the topic of several recent analyst reports. JPMorgan Chase & Co. lowered shares of Royal Bank of Scotland Group PLC from a “neutral” rating to an “underweight” rating in a report on Monday, June 27th. Deutsche Bank AG reiterated a “hold” rating on shares of Royal Bank of Scotland Group PLC in a report on Saturday, April 23rd. Macquarie upgraded shares of Royal Bank of Scotland Group PLC from a “neutral” rating to an “outperform” rating in a report on Tuesday. Berenberg Bank upgraded shares of Royal Bank of Scotland Group PLC from a “sell” rating to a “hold” rating in a report on Wednesday, March 9th. Finally, BNP Paribas lowered shares of Royal Bank of Scotland Group PLC from an “outperform” rating to a “neutral” rating in a report on Monday, June 27th. Six equities research analysts have rated the stock with a sell rating, seven have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $37.03.

The stock 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 $24.18 billion.

Other institutional investors have bought and sold shares of the company. Nationwide Fund Advisors increased its position in 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 valued at $1,214,000 after buying an additional 5,506 shares during the period. Comerica Bank increased its stake 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 during the period. Finally, Dimensional Fund Advisors LP increased its stake 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 during the period.

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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