Deutsche Bank issued a report on Royal Bank of Scotland Group The PLC (LON:RBS), bumping up its stock price target to 170.00GBX today
- Updated: October 12, 2016
Yesterday Royal Bank of Scotland Group The PLC (LON:RBS) traded -2.20% lower at 173.30GBX. The company’s 50-day moving average is 189.71GBX and its 200-day moving average is 205.59GBX. The last stock close price is down -15.85% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,940,998 shares of the stock were exchanged, down from an average trading volume of 19,917,100
Royal Bank of Scotland Group The PLC (LON:RBS) had its target price raised to 170.00GBX by Deutsche Bank in a report released 10/13/2016. The new target price indicates a possible downside of -0.02% based on the company's last stock close price.
Previously on 10/06/2016, Barclays Capital reported about Royal Bank of Scotland Group The PLC (LON:RBS) held steady the target price at 200.00GBX. At the time, this indicated a possible upside of 0.06%.
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Royal Bank of Scotland Group The PLC has a 52 week low of 148.40GBX and a 52 week high of 332.00GBX The company’s market cap is currently 0 GBX.
In addition to Deutsche Bank reporting its target price, a total of 21 firms have reported on the stock. The consensus target price is 231.76GBX with 3 firms rating the stock a strong buy, 7 firms rating the stock a buy, 14 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.
About Royal Bank of Scotland Group The PLC (LON:RBS)
The Royal Bank of Scotland Group plc (RBS) is a banking and financial services company. The Company provides financial products and services to personal, commercial, corporate and institutional customers, through its subsidiaries, The Royal Bank of Scotland and National Westminster Bank Plc (NatWest), as well as through other brands, including Ulster Bank and Coutts. The Company's segments include Personal & Business Banking (PBB), Commercial & Private Banking (CPB), Corporate & Institutional Banking (CIB), Capital Resolution, Williams & Glyn (W&G), and Central items & other. The Company's businesses are focused on the United Kingdom and Ireland markets. Williams & Glyn consists of the RBS England and Wales branch-based businesses, along with certain small and medium enterprises (SME) and corporate activities across the United Kingdom.
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