Royal Bank of Scotland Group plc (LON:RBS)‘s stock had its “neutral” rating restated by analysts at J P Morgan Chase & Co in a report released on Monday. They currently have a GBX 265 ($3.50) price objective on the financial services provider’s stock. J P Morgan Chase & Co’s price objective suggests a potential downside of 6.19% from the stock’s previous close.

Several other analysts have also recently weighed in on the company. Societe Generale restated a “sell” rating on shares of Royal Bank of Scotland Group plc in a report on Monday, September 11th. Citigroup Inc. restated a “sell” rating on shares of Royal Bank of Scotland Group plc in a report on Friday, July 21st. Deutsche Bank AG reduced their price target on Royal Bank of Scotland Group plc from GBX 277 ($3.66) to GBX 275 ($3.63) and set a “hold” rating on the stock in a report on Wednesday, July 5th. Barclays PLC restated an “equal weight” rating and set a GBX 260 ($3.43) price target on shares of Royal Bank of Scotland Group plc in a report on Thursday, October 5th. Finally, Credit Suisse Group upgraded Royal Bank of Scotland Group plc from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from GBX 255 ($3.37) to GBX 275 ($3.63) in a report on Tuesday, October 10th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of GBX 264.39 ($3.49).

Royal Bank of Scotland Group plc (RBS) opened at 282.50 on Monday. The firm’s market capitalization is GBX 33.50 billion. Royal Bank of Scotland Group plc has a 52-week low of GBX 180.00 and a 52-week high of GBX 290.50. The firm’s 50-day moving average is GBX 269.18 and its 200-day moving average is GBX 258.11.

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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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