Royal Bank of Scotland Group (LON:RBS) had its price target dropped by equities researchers at Credit Suisse Group from GBX 320 ($4.17) to GBX 300 ($3.91) in a research note issued on Monday. The brokerage presently has a “neutral” rating on the financial services provider’s stock. Credit Suisse Group’s price objective points to a potential upside of 14.24% from the stock’s previous close.

A number of other analysts have also recently commented on the company. HSBC raised Royal Bank of Scotland Group to a “buy” rating and lifted their price target for the stock from GBX 280 ($3.65) to GBX 290 ($3.78) in a research report on Friday, August 17th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 340 ($4.43) price target on shares of Royal Bank of Scotland Group in a research report on Thursday, August 9th. Societe Generale raised Royal Bank of Scotland Group from a “sell” rating to a “hold” rating in a research report on Monday, September 10th. Deutsche Bank lowered their price target on Royal Bank of Scotland Group from GBX 268.40 ($3.50) to GBX 245.70 ($3.20) and set a “buy” rating for the company in a research report on Monday, July 16th. Finally, Citigroup raised Royal Bank of Scotland Group from a “neutral” rating to a “buy” rating in a report on Monday, August 20th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the stock. Royal Bank of Scotland Group currently has an average rating of “Buy” and a consensus target price of GBX 311.91 ($4.06).

Shares of RBS opened at GBX 262.60 ($3.42) on Monday. Royal Bank of Scotland Group has a one year low of GBX 221.80 ($2.89) and a one year high of GBX 304.20 ($3.96).

About Royal Bank of Scotland Group

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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