Royal Bank of Scotland Group PLC (NYSE:RBS)’s share price was down 6.7% on Friday . The company traded as low as $4.55 and last traded at $4.72, with a volume of 4,895,018 shares. The stock had previously closed at $5.06.

RBS has been the subject of several analyst reports. Goldman Sachs Group Inc. lowered Royal Bank of Scotland Group PLC from a “conviction-buy” rating to a “buy” rating in a research note on Friday, July 8th. Natixis lowered Royal Bank of Scotland Group PLC from a “neutral” rating to a “reduce” rating in a research note on Monday, July 18th. Mediobanca SpA reiterated a “neutral” rating on shares of Royal Bank of Scotland Group PLC in a research note on Wednesday, July 6th. Zacks Investment Research lowered Royal Bank of Scotland Group PLC from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 14th. Finally, JPMorgan Chase & Co. lowered Royal Bank of Scotland Group PLC from a “neutral” rating to an “underweight” rating in a research note on Monday, June 27th. Seven research analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $26.61.

The firm has a 50 day moving average of $5.20 and a 200 day moving average of $6.33. The company’s market capitalization is $27.67 billion.

An institutional investor recently raised its position in Royal Bank of Scotland Group PLC stock. Nationwide Fund Advisors raised its stake in Royal Bank of Scotland Group PLC (NYSE:RBS) by 4.2% during the fourth quarter, according to its most recent disclosure with the SEC. 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 as of its most recent SEC filing.

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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