Royal Bank Of Canada reiterated their underperform rating on shares of RBS (LON:RBS) in a report released on Tuesday. They currently have a GBX 150 ($1.96) price target on the financial services provider’s stock.
Several other analysts also recently commented on the stock. Shore Capital reissued a hold rating on shares of RBS in a research report on Wednesday, September 28th. Berenberg Bank cut their price objective on shares of RBS from GBX 250 ($3.26) to GBX 200 ($2.61) and set a hold rating on the stock in a research report on Wednesday, September 28th. Goldman Sachs Group Inc. dropped their price target on shares of RBS from GBX 240 ($3.13) to GBX 230 ($3.00) and set a buy rating on the stock in a report on Tuesday, September 27th. BNP Paribas reaffirmed a neutral rating and set a GBX 180 ($2.35) price target on shares of RBS in a report on Thursday, September 22nd. Finally, Jefferies Group dropped their price target on shares of RBS from GBX 227 ($2.96) to GBX 212 ($2.77) and set a hold rating on the stock in a report on Monday, September 19th. Seven research analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the stock. RBS has a consensus rating of Hold and an average target price of GBX 236.57 ($3.09).
RBS (LON:RBS) opened at 177.70 on Tuesday. The stock’s market cap is GBX 20.82 billion. The company’s 50-day moving average is GBX 190.25 and its 200 day moving average is GBX 206.91. RBS has a 52 week low of GBX 148.40 and a 52 week high of GBX 336.00.
In other news, insider Noakes,Baroness Sheila acquired 20,000 shares of the company’s stock in a transaction on Monday, August 8th. The stock was bought at an average cost of GBX 180 ($2.35) per share, with a total value of £36,000 ($46,991.25).