Royal Bank of Scotland Group plc Downgraded by Societe Generale to Hold (RBS)
Royal Bank of Scotland Group plc (LON: RBS) was downgraded by research analysts at Societe Generale to a “hold” rating in a report released on Friday. They currently have a $4.93 (325 GBX) target price on the stock.
Royal Bank of Scotland Group plc opened at 308.50 on Friday. Royal Bank of Scotland Group plc has a 52-week low of GBX 193.30 and a 52-week high of GBX 370.62. The stock’s 50-day moving average is currently GBX 265.8. The company’s market cap is £20.006 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec reiterated a “sell” rating on shares of Royal Bank of Scotland Group plc in a research note to investors on Friday. They now have a $4.40 price target on the stock. Separately, analysts at Prime Markets reiterated a “sell” rating on shares of Royal Bank of Scotland Group plc in a research note to investors on Thursday. They now have a $4.75 price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Royal Bank of Scotland Group plc in a research note to investors on Thursday. They now have a $3.11 price target on the stock.
The Royal Bank of Scotland Group plc (RBS) is a holding company of a global banking and financial services group.
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