RBS (LON: RBS)‘s stock had its “buy” rating restated by research analysts at Investec in a report released on Monday, Analyst Ratings.Net reports. They currently have a GBX 335 ($5.06) price target on the stock, up from their previous price target of GBX 320 ($4.83). Investec’s target price would suggest a potential upside of 10.05% from the stock’s previous close.
RBS (LON: RBS) opened at 315.10 on Monday. RBS has a 52-week low of GBX 193.30 and a 52-week high of GBX 370.62. The stock’s 50-day moving average is currently GBX 265.8. The company’s market cap is £35.074 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at BNP Paribas reiterated a “neutral” rating on shares of RBS in a research note to investors on Thursday. They now have a GBX 320 ($4.83) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “sell” rating on shares of RBS in a research note to investors on Thursday. They now have a GBX 275 ($4.15) price target on the stock. Finally, analysts at Credit Suisse reiterated an “underperform” rating on shares of RBS in a research note to investors on Wednesday, July 10th. They now have a GBX 265 ($4.00) price target on the stock.
Twelve investment analysts have rated the stock with a sell rating, ten have given a hold rating and ten have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of GBX 321.65 ($4.86).
The Royal Bank of Scotland Group plc (LON: RBS) is a holding company of a global banking and financial services group.