Shares of Royal Bank of Scotland Group PLC (NYSE:RBS) were down 6.7% during trading on Friday . The stock traded as low as $4.55 and last traded at $4.72, with a volume of 4,895,018 shares trading hands. The stock had previously closed at $5.06.

Several analysts recently commented on RBS shares. Goldman Sachs Group Inc. cut shares of Royal Bank of Scotland Group PLC from a “conviction-buy” rating to a “buy” rating in a research note on Friday, July 8th. Vetr cut shares of Royal Bank of Scotland Group PLC from a “strong-buy” rating to a “buy” rating and set a $5.76 price objective for the company. in a research note on Wednesday, July 20th. Deutsche Bank AG reiterated a “hold” rating on shares of Royal Bank of Scotland Group PLC in a research note on Saturday, June 25th. Societe Generale restated a “hold” rating on shares of Royal Bank of Scotland Group PLC in a research report on Friday, June 17th. Finally, Zacks Investment Research upgraded shares of Royal Bank of Scotland Group PLC from a “sell” rating to a “hold” rating in a research report on Tuesday, June 14th. Seven analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the stock. Royal Bank of Scotland Group PLC has a consensus rating of “Hold” and a consensus price target of $26.61.

The stock’s 50 day moving average price is $5.16 and its 200-day moving average price is $6.32. 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 shares of Royal Bank of Scotland Group PLC (NYSE:RBS) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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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