Royal Bank of Scotland Group PLC (NYSE:RBS) shares were down 2% during mid-day trading on Monday . The company traded as low as $4.98 and last traded at $4.99, with a volume of 773,753 shares trading hands. The stock had previously closed at $5.09.

A number of research analysts recently issued reports 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 report on Friday, July 8th. Natixis lowered shares of Royal Bank of Scotland Group PLC from a “neutral” rating to a “reduce” rating in a research note on Monday, July 18th. Mediobanca SpA restated a “neutral” rating on shares of Royal Bank of Scotland Group PLC in a research note on Wednesday, July 6th. JPMorgan Chase & Co. lowered shares of Royal Bank of Scotland Group PLC from a “neutral” rating to an “underweight” rating in a research note on Monday, June 27th. Finally, Zacks Investment Research upgraded shares of Royal Bank of Scotland Group PLC from a “sell” rating to a “hold” rating in a research note on Tuesday, August 9th. Six analysts have rated the stock with a sell rating, nine have given a hold rating and five have given 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 firm’s market capitalization is $28.96 billion. The stock’s 50 day moving average is $4.86 and its 200 day moving average is $6.18.

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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