Royal Bank of Scotland Group (RBS) Coverage Initiated at Davy Research

Investment analysts at Davy Research started coverage on shares of Royal Bank of Scotland Group (LON:RBS) in a research note issued on Tuesday. The brokerage set a “neutral” rating on the financial services provider’s stock.

Other research analysts have also issued research reports about the stock. UBS Group reiterated a “buy” rating on shares of Royal Bank of Scotland Group in a report on Monday, January 7th. Goldman Sachs Group raised their price objective on shares of Royal Bank of Scotland Group from GBX 345 ($4.51) to GBX 350 ($4.57) and gave the company a “buy” rating in a report on Tuesday, December 4th. Berenberg Bank reiterated a “buy” rating on shares of Royal Bank of Scotland Group in a report on Monday, October 29th. Deutsche Bank dropped their price objective on shares of Royal Bank of Scotland Group from GBX 318 ($4.16) to GBX 300 ($3.92) and set a “buy” rating for the company in a report on Monday, October 29th. Finally, Shore Capital reiterated a “buy” rating on shares of Royal Bank of Scotland Group in a report on Friday, October 26th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of GBX 304.38 ($3.98).

Shares of LON RBS opened at GBX 242.70 ($3.17) on Tuesday. Royal Bank of Scotland Group has a 1 year low of GBX 221.80 ($2.90) and a 1 year high of GBX 304.20 ($3.97).

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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