HSBC restated their buy rating on shares of Royal Bank of Scotland Group (LON:RBS) in a research note published on Thursday, ThisIsMoney.Co.Uk reports.

Several other equities research analysts have also commented on RBS. Morgan Stanley reissued an equal weight rating on shares of Royal Bank of Scotland Group in a research note on Wednesday, March 20th. Numis Securities reissued a buy rating on shares of Royal Bank of Scotland Group in a research note on Monday, June 3rd. Goldman Sachs Group decreased their target price on shares of Royal Bank of Scotland Group from GBX 395 ($5.16) to GBX 370 ($4.83) and set a buy rating for the company in a report on Thursday, May 23rd. Jefferies Financial Group reaffirmed a buy rating on shares of Royal Bank of Scotland Group in a report on Tuesday, April 9th. Finally, UBS Group reaffirmed a buy rating on shares of Royal Bank of Scotland Group in a report on Friday, February 15th. Seven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average price target of GBX 301.69 ($3.94).

LON:RBS opened at GBX 212 ($2.77) on Thursday. Royal Bank of Scotland Group has a one year low of GBX 200.10 ($2.61) and a one year high of GBX 274.20 ($3.58). The stock has a market cap of $25.67 billion and a P/E ratio of 16.96.

In other news, insider Ross McEwan sold 98,434 shares of the business’s stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of GBX 235 ($3.07), for a total transaction of £231,319.90 ($302,260.42).

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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