UBS Group reissued their neutral rating on shares of Royal Bank of Scotland Group (LON:RBS) in a research report released on Monday morning, ThisIsMoney.Co.Uk reports. UBS Group currently has a GBX 215 ($2.83) target price on the financial services provider’s stock, down from their previous target price of GBX 230 ($3.03).

Several other equities research analysts have also recently issued reports on RBS. Credit Suisse Group started coverage on shares of Royal Bank of Scotland Group in a research report on Tuesday, February 11th. They set an outperform rating and a GBX 260 ($3.42) price objective on the stock. Jefferies Financial Group reiterated a buy rating on shares of Royal Bank of Scotland Group in a research report on Friday, December 13th. JPMorgan Chase & Co. reiterated an overweight rating and set a GBX 250 ($3.29) price objective (down previously from GBX 260 ($3.42)) on shares of Royal Bank of Scotland Group in a research report on Monday. Barclays reiterated an underweight rating on shares of Royal Bank of Scotland Group in a research report on Tuesday, January 21st. Finally, Morgan Stanley upgraded shares of Royal Bank of Scotland Group to an overweight rating and lifted their price objective for the company from GBX 260 ($3.42) to GBX 300 ($3.95) in a research report on Monday, December 16th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of GBX 261.27 ($3.44).

Royal Bank of Scotland Group stock opened at GBX 205.41 ($2.70) on Monday. The stock has a market cap of $25.12 billion and a P/E ratio of 12.45. Royal Bank of Scotland Group has a 1 year low of GBX 2.23 ($0.03) and a 1 year high of GBX 274.20 ($3.61). The firm’s 50 day moving average price is GBX 225.15 and its 200-day moving average price is GBX 216.83.

The firm also recently declared a dividend, which will be paid on Monday, May 4th. Investors of record on Thursday, March 26th will be given a GBX 8 ($0.11) dividend. This represents a yield of 3.5%. The ex-dividend date of this dividend is Thursday, March 26th. Royal Bank of Scotland Group’s dividend payout ratio is presently 0.24%.

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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