Royal Bank of Scotland Group (LON:RBS) had its price objective decreased by research analysts at Deutsche Bank from GBX 318 ($4.16) to GBX 300 ($3.92) in a report issued on Monday. The brokerage currently has a “buy” rating on the financial services provider’s stock. Deutsche Bank’s price target indicates a potential upside of 33.39% from the company’s current price.

A number of other brokerages have also weighed in on RBS. Credit Suisse Group lowered their price objective on Royal Bank of Scotland Group from GBX 320 ($4.18) to GBX 300 ($3.92) and set a “neutral” rating on the stock in a report on Monday, September 24th. Shore Capital raised Royal Bank of Scotland Group to a “buy” rating in a report on Tuesday, September 25th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Royal Bank of Scotland Group in a report on Monday, August 6th. UBS Group raised Royal Bank of Scotland Group to a “buy” rating and lifted their price objective for the company from GBX 285 ($3.72) to GBX 300 ($3.92) in a report on Friday, August 10th. Finally, Citigroup reissued a “buy” rating on shares of Royal Bank of Scotland Group in a research note on Wednesday, September 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company’s stock. Royal Bank of Scotland Group currently has an average rating of “Buy” and a consensus target price of GBX 311 ($4.06).

Shares of RBS opened at GBX 224.90 ($2.94) on Monday. Royal Bank of Scotland Group has a twelve month low of GBX 221.80 ($2.90) and a twelve month high of GBX 304.20 ($3.97).

Royal Bank of Scotland Group Company Profile

The Royal Bank of Scotland Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide. It operates through Personal & Business Banking, Commercial & Private Banking, RBS International, and NatWest Markets segments.

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Analyst Recommendations for Royal Bank of Scotland Group (LON:RBS)

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