Shares of Royal Bank of Scotland Group PLC (NYSE:RBS) traded down 2.9% during trading on Wednesday . The company traded as low as $4.70 and last traded at $4.73, with a volume of 2,492,061 shares traded. The stock had previously closed at $4.87.

A number of analysts recently commented on the company. Deutsche Bank AG reiterated a “hold” rating on shares of Royal Bank of Scotland Group PLC in a research report on Saturday, April 23rd. Wunderlich cut Royal Bank of Scotland Group PLC from a “buy” rating to a “hold” rating and set a $67.50 price objective for the company. in a research report on Thursday, April 21st. Zacks Investment Research upgraded Royal Bank of Scotland Group PLC from a “sell” rating to a “hold” rating in a research report on Friday, June 3rd. Goldman Sachs Group Inc. upgraded Royal Bank of Scotland Group PLC from a “neutral” rating to a “conviction-buy” rating in a report on Tuesday, March 15th. Finally, Societe Generale restated a “hold” rating on shares of Royal Bank of Scotland Group PLC in a report on Friday, June 17th. Six investment analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. Royal Bank of Scotland Group PLC currently has an average rating of “Hold” and a consensus target price of $37.03.

The stock’s market cap is $27.43 billion. The firm’s 50-day moving average is $5.97 and its 200-day moving average is $6.70.

Several large investors recently made changes to their positions in the stock. 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 valued at $28,115,000 after buying an additional 255,723 shares in the last quarter. 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 valued at $2,570,000 after buying an additional 145,692 shares in the last quarter. Finally, Nationwide Fund Advisors increased its stake 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 valued at $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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