Shares of Royal Bank of Scotland Group PLC (NYSE:RBS) were down 2% on Friday . The stock traded as low as $4.95 and last traded at $4.96, with a volume of 1,340,491 shares. The stock had previously closed at $5.06.

Several analysts have recently weighed in on RBS shares. Deutsche Bank AG restated a “hold” rating on shares of Royal Bank of Scotland Group PLC in a research report on Sunday, April 10th. Zacks Investment Research downgraded shares of Royal Bank of Scotland Group PLC from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 14th. Wunderlich downgraded shares of 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. Societe Generale restated a “hold” rating on shares of Royal Bank of Scotland Group PLC in a research report on Friday, June 17th. Finally, Bank of America Corp. downgraded shares of Royal Bank of Scotland Group PLC from a “neutral” rating to an “underperform” rating in a research report on Monday, June 27th. Seven equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the stock. Royal Bank of Scotland Group PLC has a consensus rating of “Hold” and an average target price of $26.61.

The company’s market cap is $28.95 billion. The firm has a 50-day moving average price of $5.56 and a 200-day moving average price of $6.53.

An institutional investor recently raised its position in Royal Bank of Scotland Group PLC stock. Comerica Bank increased its position in Royal Bank of Scotland Group PLC (NYSE:RBS) by 86.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 314,935 shares of the company’s stock after buying an additional 145,692 shares during the period. Comerica Bank’s holdings in Royal Bank of Scotland Group PLC were worth $2,570,000 at the end of the most recent reporting 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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