Royal Bank of Scotland Group (NYSE:RBS) was downgraded by analysts at Sanford C. Bernstein from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Tuesday.

Other analysts have also recently issued research reports about the company. Bank of America raised Royal Bank of Scotland Group from an “underperform” rating to a “neutral” rating in a research report on Friday, September 22nd. ValuEngine raised Royal Bank of Scotland Group from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, October 3rd. Zacks Investment Research lowered Royal Bank of Scotland Group from a “buy” rating to a “hold” rating in a research note on Wednesday, November 29th. Citigroup upgraded Royal Bank of Scotland Group from a “sell” rating to a “neutral” rating in a research note on Tuesday, October 10th. Finally, Jefferies Group upgraded Royal Bank of Scotland Group from a “hold” rating to a “buy” rating in a research note on Wednesday, September 27th. Fourteen investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Hold” and an average target price of $8.25.

Royal Bank of Scotland Group (NYSE RBS) traded up $0.07 during trading hours on Tuesday, hitting $7.64. The stock had a trading volume of 696,700 shares, compared to its average volume of 941,102. The company has a market cap of $45,695.97, a price-to-earnings ratio of -10.61 and a beta of 1.13. Royal Bank of Scotland Group has a 1-year low of $5.37 and a 1-year high of $7.68. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.98 and a quick ratio of 0.98.

Royal Bank of Scotland Group (NYSE:RBS) last issued its quarterly earnings results on Friday, October 27th. The financial services provider reported $0.15 earnings per share for the quarter, hitting the consensus estimate of $0.15. The firm had revenue of $4.13 billion for the quarter, compared to the consensus estimate of $4.19 billion. Royal Bank of Scotland Group had a positive return on equity of 7.75% and a negative net margin of 17.46%. analysts expect that Royal Bank of Scotland Group will post 0.7 earnings per share for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd acquired a new stake in Royal Bank of Scotland Group in the third quarter valued at about $285,000. Narwhal Capital Management grew its stake in Royal Bank of Scotland Group by 10.7% in the 3rd quarter. Narwhal Capital Management now owns 194,265 shares of the financial services provider’s stock worth $1,414,000 after acquiring an additional 18,750 shares during the period. Crossmark Global Holdings Inc. purchased a new stake in Royal Bank of Scotland Group in the 3rd quarter worth approximately $1,101,000. Parametric Portfolio Associates LLC boosted its holdings in shares of Royal Bank of Scotland Group by 16.9% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 1,923,184 shares of the financial services provider’s stock valued at $14,001,000 after purchasing an additional 278,429 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Royal Bank of Scotland Group by 13.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,771,992 shares of the financial services provider’s stock valued at $24,631,000 after purchasing an additional 439,887 shares during the last quarter. Institutional investors and hedge funds own 0.47% of the company’s stock.

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About Royal Bank of Scotland Group

The Royal Bank of Scotland Group plc (RBS) is a banking and financial services company. The Company provides a range of products and services to personal, commercial, corporate and institutional customers, through its subsidiaries, The Royal Bank of Scotland plc and National Westminster Bank Plc (NatWest), as well as through other brands, including Ulster Bank and Coutts.

Analyst Recommendations for Royal Bank of Scotland Group (NYSE:RBS)

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