Royal Bank of Scotland Group’s (RBS) “Buy” Rating Reiterated at Jefferies Financia

Royal Bank of Scotland Group (LON:RBS)‘s stock had its “buy” rating reaffirmed by equities research analysts at Jefferies Financial Group in a research note issued on Friday. They currently have a GBX 341 ($4.46) target price on the financial services provider’s stock. Jefferies Financial Group’s price objective points to a potential upside of 35.32% from the company’s current price.

Other analysts have also recently issued reports about the company. Berenberg Bank reiterated a “buy” rating on shares of Royal Bank of Scotland Group in a research report on Monday, October 29th. UBS Group reiterated a “buy” rating on shares of Royal Bank of Scotland Group in a research report on Friday. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Royal Bank of Scotland Group in a research report on Wednesday, November 14th. Deutsche Bank decreased their target price on Royal Bank of Scotland Group from GBX 318 ($4.16) to GBX 300 ($3.92) and set a “buy” rating on the stock in a report on Monday, October 29th. Finally, Goldman Sachs Group set a GBX 350 ($4.57) target price on Royal Bank of Scotland Group and gave the stock a “buy” rating in a report on Wednesday, February 6th. One research analyst has rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the stock. Royal Bank of Scotland Group presently has a consensus rating of “Buy” and an average price target of GBX 304.38 ($3.98).

Get Royal Bank of Scotland Group alerts:

LON:RBS traded up GBX 4.50 ($0.06) during trading hours on Friday, reaching GBX 252 ($3.29). The company had a trading volume of 17,143,069 shares, compared to its average volume of 16,430,000. Royal Bank of Scotland Group has a one year low of GBX 221.80 ($2.90) and a one year high of GBX 304.20 ($3.97).

Royal Bank of Scotland Group Company Profile

The Royal Bank of Scotland Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide. It operates through Personal & Business Banking, Commercial & Private Banking, RBS International, and NatWest Markets segments.

Recommended Story: Balance Sheet