Royal Bank of Scotland Group PLC (NYSE:RBS) shot up 3.4% during mid-day trading on Tuesday . The stock traded as high as $5.23 and last traded at $5.15, with a volume of 2,384,198 shares traded. The stock had previously closed at $4.98.

Several equities research analysts recently commented on RBS shares. Goldman Sachs Group Inc. reiterated a “buy” rating on shares of Royal Bank of Scotland Group PLC in a research note on Wednesday, August 10th. Barclays PLC reiterated an “underweight” rating on shares of Royal Bank of Scotland Group PLC in a research note on Wednesday, August 10th. 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. Macquarie lowered shares of Royal Bank of Scotland Group PLC from an “outperform” rating to a “neutral” rating in a research note on Monday, August 8th. Finally, Vetr lowered shares of Royal Bank of Scotland Group PLC from a “strong-buy” rating to a “buy” rating and set a $5.76 price target on the stock. in a research note on Wednesday, July 20th. Six equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $26.61.

The firm’s market cap is $30.40 billion. The company’s 50-day moving average price is $4.88 and its 200-day moving average price is $6.12.

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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