Royal Bank of Scotland Group plc Upgraded by Investec to “Hold” (RBS)

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Royal Bank of Scotland Group plc (LON: RBS) was upgraded by equities researchers at Investec to a “hold” rating in a report issued on Tuesday. The firm currently has a $4.53 (300 GBX) target price on the stock.

Shares of Royal Bank of Scotland Group plc (LON: RBS) traded up 1.67% during mid-day trading on Tuesday, hitting GBX 298.50. Royal Bank of Scotland Group plc 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 £19.140 billion.

Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Royal Bank of Scotland Group plc in a research note to investors on Wednesday, March 13th. They now have a $4.53 price target on the stock.

Seven equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the stock. Royal Bank of Scotland Group plc has a consensus rating of “Hold” and a consensus target price of $4.96 (329 GBX).

The Royal Bank of Scotland Group plc (LON: RBS) is a holding company of a global banking and financial services group.

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