Shares of Royal Bank of Scotland Group plc (LON:RBS) have been assigned a consensus rating of “Buy” from the seventeen research firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 312.70 ($4.09).

Several research firms recently weighed in on RBS. Morgan Stanley restated an “equal weight” rating on shares of Royal Bank of Scotland Group in a report on Wednesday, March 20th. Goldman Sachs Group boosted their price objective on shares of Royal Bank of Scotland Group from GBX 350 ($4.57) to GBX 395 ($5.16) and gave the stock a “buy” rating in a report on Tuesday, March 12th. Credit Suisse Group boosted their price objective on shares of Royal Bank of Scotland Group from GBX 280 ($3.66) to GBX 285 ($3.72) and gave the stock a “neutral” rating in a report on Monday, March 4th. Deutsche Bank reiterated a “buy” rating and issued a GBX 296 ($3.87) price objective on shares of Royal Bank of Scotland Group in a report on Monday, February 25th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 340 ($4.44) price objective on shares of Royal Bank of Scotland Group in a report on Tuesday, February 19th.

LON:RBS opened at GBX 251.40 ($3.28) on Thursday. The firm has a market cap of $30.27 billion and a P/E ratio of 18.76. Royal Bank of Scotland Group has a twelve month low of GBX 200.10 ($2.61) and a twelve month high of GBX 297.40 ($3.89).

The company also recently disclosed a dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Thursday, March 21st will be issued a GBX 11 ($0.14) dividend. The ex-dividend date of this dividend is Thursday, March 21st. This represents a yield of 4.55%. This is a positive change from Royal Bank of Scotland Group’s previous dividend of $2.00. Royal Bank of Scotland Group’s payout ratio is currently 0.52%.

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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