Trading Report: Today, Brokerages gives Consensus Recommendation of “Hold” to RBS (RBS)

Today, Brokerages gives Consensus Recommendation of “Hold” to RBS (RBS)

Shares of RBS (LON:RBS) have been assigned a consensus recommendation of “Hold” from the twenty-two research firms that are currently covering the stock. Eight investment analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 234.21 ($2.93).

RBS has been the topic of a number of recent analyst reports. BNP Paribas reissued a “neutral” rating and issued a GBX 200 ($2.50) price target on shares of RBS in a research report on Monday, August 1st. Goldman Sachs Group Inc. reaffirmed a “buy” rating and set a GBX 235 ($2.94) target price on shares of RBS in a research report on Friday, August 5th. Shore Capital reaffirmed an “under review” rating on shares of RBS in a research report on Friday, August 5th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a GBX 185 ($2.31) target price on shares of RBS in a research report on Monday, August 8th. Finally, Deutsche Bank AG reaffirmed a “hold” rating and set a GBX 200 ($2.50) target price on shares of RBS in a research report on Monday, August 8th.

In other news, insider Ross McEwan purchased 141,363 shares of RBS stock in a transaction on Tuesday, November 8th. The stock was purchased at an average price of GBX 187 ($2.34) per share, with a total value of £264,348.81 ($330,270.88).

Related posts

Leave a Comment