Societe Generale Reiterates Sell Rating for Royal Bank of Scotland Group plc (RBS)

Royal Bank of Scotland Group plc (LON:RBS)‘s stock had its “sell” rating reissued by stock analysts at Societe Generale in a research report issued to clients and investors on Monday.

Several other equities research analysts have also recently issued reports on the stock. Citigroup Inc. reissued a “sell” rating on shares of Royal Bank of Scotland Group plc in a research report on Friday, July 21st. Deutsche Bank AG lowered their price objective on shares of Royal Bank of Scotland Group plc from GBX 277 ($3.58) to GBX 275 ($3.55) and set a “hold” rating for the company in a research report on Wednesday, July 5th. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a GBX 285 ($3.68) price objective on shares of Royal Bank of Scotland Group plc in a research report on Thursday, June 22nd. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 275 ($3.55) price target on shares of Royal Bank of Scotland Group plc in a research report on Thursday, May 18th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and issued a GBX 262 ($3.38) price target on shares of Royal Bank of Scotland Group plc in a research report on Wednesday, July 5th. Four analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 253.89 ($3.28).

Shares of Royal Bank of Scotland Group plc (LON RBS) opened at 250.40 on Monday. The firm has a 50-day moving average of GBX 253.63 and a 200 day moving average of GBX 250.51. 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 stock’s market capitalization is GBX 29.69 billion.

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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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