Royal Bank of Scotland Group plc (LON:RBS) shares traded up 1.5% during trading on Thursday . The company traded as high as GBX 255.10 ($3.29) and last traded at GBX 253.30 ($3.27). 16,482,361 shares changed hands during mid-day trading, an increase of 76% from the average session volume of 9,371,450 shares. The stock had previously closed at GBX 249.60 ($3.22).

A number of research analysts recently commented on the company. Berenberg Bank reissued a “buy” rating and issued a GBX 275 ($3.55) price target on shares of Royal Bank of Scotland Group plc in a report on Wednesday, August 9th. HSBC Holdings plc raised Royal Bank of Scotland Group plc from a “reduce” rating to a “hold” rating and boosted their price target for the stock from GBX 210 ($2.71) to GBX 250 ($3.23) in a report on Friday, August 11th. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a GBX 285 ($3.68) price target on shares of Royal Bank of Scotland Group plc in a report on Friday, June 9th. Barclays PLC reissued an “equal weight” rating on shares of Royal Bank of Scotland Group plc in a report on Monday, August 7th. Finally, Shore Capital reissued a “hold” rating on shares of Royal Bank of Scotland Group plc in a report on Thursday, July 13th. Four research analysts have rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 253.89 ($3.28).

The company’s 50-day moving average is GBX 253.58 and its 200 day moving average is GBX 250.52. The firm’s market cap is GBX 30.04 billion.

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Royal Bank of Scotland Group plc Company Profile

The Royal Bank of Scotland Group plc (RBS) is a banking and financial services company. The Company provides a range of products and services to personal, commercial, corporate and institutional customers, through its subsidiaries, The Royal Bank of Scotland plc and National Westminster Bank Plc (NatWest), as well as through other brands, including Ulster Bank and Coutts.

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