Royal Bank of Scotland Group plc (RBS) Given Sell Rating at Societe Generale

Societe Generale reissued their sell rating on shares of Royal Bank of Scotland Group plc (LON:RBS) in a research report released on Monday.

Several other analysts have also issued reports on the company. Citigroup Inc. reiterated a sell rating on shares of Royal Bank of Scotland Group plc in a report on Friday, July 21st. Deutsche Bank AG dropped their target price on Royal Bank of Scotland Group plc from GBX 277 ($3.58) to GBX 275 ($3.55) and set a hold rating on the stock in a report on Wednesday, July 5th. Goldman Sachs Group, Inc. (The) reiterated a neutral rating and set a GBX 285 ($3.68) target price on shares of Royal Bank of Scotland Group plc in a report on Thursday, June 22nd. Berenberg Bank reiterated a buy rating and set a GBX 275 ($3.55) target price on shares of Royal Bank of Scotland Group plc in a report on Thursday, May 18th. Finally, Jefferies Group LLC reiterated a hold rating and set a GBX 262 ($3.38) target price on shares of Royal Bank of Scotland Group plc in a report on Wednesday, July 5th. 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 company. Royal Bank of Scotland Group plc currently has an average rating of Hold and a consensus target price of GBX 253.89 ($3.28).

Royal Bank of Scotland Group plc (LON RBS) opened at 248.10 on Monday. The stock’s 50 day moving average price is GBX 253.52 and its 200-day moving average price is GBX 250.42. Royal Bank of Scotland Group plc has a one year low of GBX 168.20 and a one year high of GBX 271.00. The firm’s market cap is GBX 29.42 billion.

Royal Bank of Scotland Group plc (LON:RBS) last released its earnings results on Friday, August 4th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter. Royal Bank of Scotland Group plc had a return on equity of 5.57% and a net margin of 21.23%. Analysts forecast that Royal Bank of Scotland Group plc will post $23.80 earnings per share for the current year.

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About Royal Bank of Scotland Group plc

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.

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

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