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05-Feb-2018
Deutsche Bank Increases Royal Bank of Scotland Group (LON:RBS) Price Target to GBX
315
Ledger Gazette
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Royal Bank of Scotland Group (LON:RBS) had its target price raised by Deutsche Bank
from GBX 300 ($4.21) to GBX 315 ($4.42) in a report issued on Friday, January 26th. The
brokerage currently has a hold rating on the financial services provider’s stock.
Other research analysts also recently issued reports about the company. Credit Suisse
Group reaffirmed a neutral rating and set a GBX 290 ($4.07) price target on shares of
Royal Bank of Scotland Group in a report on Monday, November 27th. Citigroup reissued a
neutral rating on shares of Royal Bank of Scotland Group in a report on Wednesday,
November 29th. Berenberg Bank reissued a buy rating and issued a GBX 300 ($4.21)
target price on shares of Royal Bank of Scotland Group in a report on Wednesday,
November 29th. Barclays reissued an equal weight rating and issued a GBX 260 ($3.65)
target price on shares of Royal Bank of Scotland Group in a report on Thursday, October
5th. Finally, Jefferies Group reissued a buy rating on shares of Royal Bank of Scotland
Group in a report on Monday, December 18th. One equities research analyst has rated the
stock with a sell rating, thirteen have given a hold rating and five have assigned a buy
rating to the company. The company currently has a consensus rating of Hold and an
average price target of GBX 275.33 ($3.87).
Get Royal Bank of Scotland Group alerts:
Royal Bank of Scotland Group ( LON:RBS ) opened at GBX 282.90 ($3.97) on Friday. The
stock has a market capitalization of $34,260.00 and a price-to-earnings ratio of -1,047.78.
Royal Bank of Scotland Group has a 1-year low of GBX 220.70 ($3.10) and a 1-year high of
GBX 304.20 ($4.27).
In other news, insider Ross McEwan purchased 177,104 shares of the business’s stock in a
transaction on Tuesday, November 7th. The stock was acquired at an average price of GBX
282 ($3.96) per share, for a total transaction of £499,433.28 ($701,352.73).
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Royal Bank of Scotland Group Company Profile
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.