Barclays reiterated their overweight rating on shares of Royal Bank of Scotland Group (LON:RBS) in a research note published on Thursday morning, ThisIsMoney.Co.Uk reports.

Other equities analysts have also issued reports about the stock. JPMorgan Chase & Co. dropped their price objective on shares of Royal Bank of Scotland Group from GBX 260 ($3.40) to GBX 210 ($2.74) and set a neutral rating on the stock in a research report on Friday, August 16th. Goldman Sachs Group reaffirmed a buy rating and set a GBX 325 ($4.25) price target (down from GBX 360 ($4.70)) on shares of Royal Bank of Scotland Group in a research report on Tuesday, August 13th. Numis Securities reaffirmed a buy rating on shares of Royal Bank of Scotland Group in a research report on Monday, June 3rd. HSBC lowered shares of Royal Bank of Scotland Group from a buy rating to a hold rating and lowered their price target for the stock from GBX 260 ($3.40) to GBX 210 ($2.74) in a research report on Thursday, August 15th. Finally, Deutsche Bank lowered shares of Royal Bank of Scotland Group from a buy rating to a hold rating and lowered their price target for the stock from GBX 290 ($3.79) to GBX 215 ($2.81) in a research report on Friday, September 6th. Ten investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of GBX 263.23 ($3.44).

Shares of RBS traded up GBX 10.90 ($0.14) during trading hours on Thursday, hitting GBX 208.80 ($2.73). The company had a trading volume of 22,352,085 shares, compared to its average volume of 16,430,000. The firm has a market cap of $25.25 billion and a price-to-earnings ratio of 9.16. The business has a fifty day moving average of GBX 197.10 and a 200-day moving average of GBX 227.69. Royal Bank of Scotland Group has a 12 month low of GBX 176.55 ($2.31) and a 12 month high of GBX 274.20 ($3.58).

The company also recently announced a dividend, which will be paid on Friday, September 20th. Shareholders of record on Thursday, August 15th will be issued a GBX 14 ($0.18) dividend. This is a positive change from Royal Bank of Scotland Group’s previous dividend of $11.00. This represents a yield of 6.82%. The ex-dividend date of this dividend is Thursday, August 15th. Royal Bank of Scotland Group’s dividend payout ratio (DPR) is currently 0.18%.

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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