Deutsche Maintains a “Hold” Rating on Royal Bank Of Scotland Group (LON:RBS) and GBX 349.00 Target

Royal Bank Of Scotland Group (LON:RBS) Rating

Deutsche currently has a GBX 349.00 PT on the 27.10B GBP market cap company or 55.18% upside potential. In an analyst report published on Thursday, 11 February, Royal Bank Of Scotland Group (LON:RBS) stock had its “Hold” Rating reaffirmed by stock analysts at Deutsche.

Out of 22 analysts covering Royal Bank of Scotland Group The PLC (LON:RBS), 8 rate it “Buy”, 3 “Sell”, while 14 “Hold”. This means 32% are positive. GBX 482 is the highest target while GBX 235 is the lowest. The GBX 335.55 average target is 43.48% above today’s (GBX 233.09) stock price. Royal Bank of Scotland Group The PLC was the topic in 117 analyst reports since July 23, 2015 according to StockzIntelligence Inc. J.P. Morgan upgraded the stock on February 11 to “Neutral” rating. BNP Paribas maintained it with “Outperform” rating and GBX 310 target price in a February 9 report. Bernstein maintained the shares of RBS in a report on February 10 with “Outperform” rating. RBC Capital Markets maintained the firm’s rating on February 8. RBC Capital Markets has “Outperform” rating and GBX 375 price target. Finally, Goldman Sachs maintained the stock with “Neutral/Neutral” rating in a February 9 report.

The stock increased 4.29% or GBX 9.59 on February 12, hitting GBX 233.09. About 21.70 million shares traded hands or 50.90% up from the average. Royal Bank of Scotland Group plc (LON:RBS) has declined 31.98% since July 14, 2015 and is downtrending. It has underperformed by 21.78% the S&P500.

Deutsche Maintains a

Analysts await Royal Bank of Scotland Group PLC (NYSE:RBS) to reports earnings on February, 26.

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 27.10 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.”

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