Royal Bank of Scotland Group (LON:RBS) had its target price decreased by JPMorgan Chase & Co. from GBX 260 ($3.40) to GBX 210 ($2.74) in a research report released on Friday morning, ThisIsMoney.Co.Uk reports. JPMorgan Chase & Co. currently has a neutral rating on the financial services provider’s stock.

RBS has been the topic of a number of other reports. Goldman Sachs Group reaffirmed a buy rating and issued a GBX 325 ($4.25) price objective (down from GBX 360 ($4.70)) on shares of Royal Bank of Scotland Group in a research note on Tuesday, August 13th. Deutsche Bank reaffirmed a buy rating on shares of Royal Bank of Scotland Group in a research note on Monday, August 5th. Bank of America raised shares of Royal Bank of Scotland Group from an underperform rating to a neutral rating in a research note on Thursday, April 18th. UBS Group dropped their price target on shares of Royal Bank of Scotland Group from GBX 285 ($3.72) to GBX 265 ($3.46) and set a buy rating on the stock in a research report on Thursday. Finally, Royal Bank of Canada dropped their price target on shares of Royal Bank of Scotland Group from GBX 260 ($3.40) to GBX 230 ($3.01) and set a sector performer rating on the stock in a research report on Thursday, June 20th. Nine equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus price target of GBX 274.85 ($3.59).

Royal Bank of Scotland Group stock opened at GBX 182.15 ($2.38) on Friday. Royal Bank of Scotland Group has a 1-year low of GBX 176.55 ($2.31) and a 1-year high of GBX 274.20 ($3.58). The firm has a market capitalization of $22.02 billion and a price-to-earnings ratio of 7.99. The firm’s fifty day moving average price is GBX 218.21 and its two-hundred day moving average price is GBX 235.30.

The company also recently declared a dividend, which will be paid on Friday, September 20th. Investors of record on Thursday, August 15th will be given a dividend of GBX 14 ($0.18) per share. This is a positive change from Royal Bank of Scotland Group’s previous dividend of $11.00. This represents a dividend yield of 6.82%. The ex-dividend date is Thursday, August 15th. Royal Bank of Scotland Group’s dividend payout ratio (DPR) is presently 0.18%.

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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