Key Equity Analysts at Deutsche Bank Reconfirmed their ‘Hold’ rating for Royal Bank of Scotland Group The PLC (LON:RBS) Shares Today. Their Price Target Provided Is GBX 349.00

Share

Royal Bank of Scotland Group The PLC (LON:RBS) Rating Reaffirmed

In an analyst research report shared with investors and clients on 17 December, The Hold rating of Royal Bank of Scotland Group The PLC (LON:RBS) shares was maintained by Analysts at Deutsche Bank, who now has a GBX 349.00 target price per share on the stock. Deutsche Bank’s target price per share means a possible upside of 21.58% from the current stock price of the company.

From a total of 20 analysts covering Royal Bank of Scotland Group The PLC (LON:RBS) stock, 6 rate it a ”Buy”, 4 a “Sell”, and 14 a ”Hold”. This means that 25% of the ratings are positive. The highest target price is GBX 482 while the lowest target price is GBX 250. The mean of all analyst targets is GBX 357.2 with a 24.83% above today’s (GBX 290.89) stock price. Royal Bank of Scotland Group The PLC was the topic of 86 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 15 with “Outperform” rating. Deutsche Bank maintained shares with “Hold” rating and GBX 349 target share price in a report from a December 2. Berenberg maintained RBS stock in a recent report from December 7 with “Sell” rating. Societe Generale maintained the rating on December 1. Societe Generale has a “Hold” rating and a GBX 330 price target on shares. Finally, AlphaValue maintained the stock with “Add” rating in a report issued on a December 3.

The stock increased 0.38% or GBX 1.09 on December 16, striking GBX 290.89. Approximately shares of stock traded hands. Royal Bank of Scotland Group plc (LON:RBS) has declined 18.30% since May 20, 2015 and is downtrending. It has underperformed by 16.03% the S&P500.

Key Equity Analysts at Deutsche Bank Reconfirmed their ‘Hold’ rating for Royal Bank of Scotland Group The PLC (LON:RBS) Shares Today. Their Price Target Provided Is GBX 349.00

The Royal Bank of Scotland Group plc provides financial services and products to personal, commercial, corporate and institutional customers. The company has a market cap of 33.43 billion GBP. The Firm conducts its business through three franchises and seven operating divisions. It currently has negative earnings. The Company’s Personal & Business Banking (PBB) franchise consists of two divisions: UK Personal & Business Banking (UK PBB), including Williams & Glyn, and Ulster Bank.

According to Zacks Investment Research, “The Royal Bank of Scotland Group plc is the holding company of one of the world’s largest banking and financial services groups, with a market capitalisation of #62.8 billion at the end of 2006. Headquartered in Edinburgh, the Group operates in the UK, US and internationally through its two principal subsidiaries, the Royal Bank and NatWest. Both the Royal Bank and NatWest are major UK clearing banks whose origins go back over 275 years. In the US, the Group’s subsidiary Citizens is ranked the eighth largest commercial banking organisation by deposits. The Group has a large and diversified customer base and provides a wide range of products and services to personal, commercial and large corporate and institutional customers.”

COMMENTS: