RBS’s (RBS) Sell Rating Reiterated at Deutsche Bank AG
Deutsche Bank AG reissued their sell rating on shares of RBS (LON:RBS) in a research report sent to investors on Thursday. They currently have a GBX 170 ($2.07) price target on the financial services provider’s stock.
RBS has been the subject of several other reports. Goldman Sachs Group Inc. reissued a conviction-buy rating on shares of RBS in a research report on Monday, July 4th. Royal Bank Of Canada reissued an underperform rating and set a GBX 150 ($1.83) price target on shares of RBS in a research report on Tuesday, October 4th. Societe Generale reissued a sell rating and set a GBX 200 ($2.44) price target on shares of RBS in a research report on Sunday, July 3rd. Barclays PLC reissued an underweight rating and set a GBX 200 ($2.44) price target on shares of RBS in a research report on Thursday, October 6th. Finally, JPMorgan Chase & Co. reissued an underweight rating and set a GBX 185 ($2.25) price target on shares of RBS in a research report on Tuesday, July 26th. Seven equities research analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of GBX 236.57 ($2.88).
Shares of RBS (LON:RBS) opened at 174.10 on Thursday. The company’s market capitalization is GBX 20.39 billion. RBS has a 12 month low of GBX 148.40 and a 12 month high of GBX 332.00. The company’s 50-day moving average is GBX 187.12 and its 200 day moving average is GBX 204.57.
In other RBS news, insider Noakes,Baroness Sheila acquired 20,000 shares of the business’s stock in a transaction that occurred on Monday, August 8th. The stock was purchased at an average cost of GBX 180 ($2.19) per share, with a total value of £36,000 ($43,875.69).
RBS Company Profile
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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