Royal Bank of Scotland Group PLC (NYSE:RBS) shares traded up 3.3% during mid-day trading on Tuesday . The company traded as high as $5.05 and last traded at $4.98, with a volume of 1,482,280 shares traded. The stock had previously closed at $4.82.

A number of research analysts have recently issued reports on the stock. Wunderlich downgraded shares of Royal Bank of Scotland Group PLC from a “buy” rating to a “hold” rating and set a $67.50 price target on the stock. in a research report on Thursday, April 21st. Goldman Sachs Group Inc. reiterated a “buy” rating on shares of Royal Bank of Scotland Group PLC in a research report on Wednesday. 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. Royal Bank Of Canada downgraded shares of Royal Bank of Scotland Group PLC from an “outperform” rating to an “underperform” rating in a research report on Monday, June 27th. Finally, Societe Generale downgraded shares of Royal Bank of Scotland Group PLC from a “hold” rating to a “sell” rating in a research report on Monday, June 27th. Six analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $26.61.

The company’s market cap is $29.69 billion. The firm has a 50-day moving average price of $5.00 and a 200 day moving average price of $6.26.

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

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.