Investec lowered shares of Royal Bank Scotland PLC (The) from a "hold" rating to a "sell" rating in a report on Thursday, April 27th. J P Morgan Chase & Co raised shares of Royal Bank Scotland PLC (The) from an "underweight" rating to a "neutral" rating in a report on Wednesday, April 19th. The Company provides a range of products and services to personal, commercial, corporate and institutional customers, through its subsidiaries, The Royal Bank of Scotland plc and National Westminster Bank Plc (NatWest), as well as through other brands, including Ulster Bank and Coutts. The stock has a 50 day moving average price of $6.65 and a 200-day moving average price of $6.34. The company's market capitalization is GBX 30.49 billion.
Royal Bank of Scotland Group plc had its "hold" rating reaffirmed by analysts at Shore Capital. Royal Bank of Scotland Group plc has a 12-month low of GBX 168.20 and a 12-month high of GBX 271.00. HPM Partners LLC bought a new stake in shares of Royal Bank Scotland PLC (The) during the first quarter valued at about $166,000. The firm presently has a GBX 250 ($3.26) target price on the financial services provider's stock, up from their previous target price of GBX 210 ($2.73). Aperio Group LLC's holdings in Royal Bank Scotland PLC (The) were worth $4,604,000 at the end of the most recent reporting period.
Royal Bank Scotland PLC (The) had a positive return on equity of 6.92% and a negative net margin of 23.27%. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company. The financial services provider reported $0.24 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.10. The firm had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.10 billion.
Royal Bank of Scotland Group plc had its "neutral" rating reaffirmed by analysts at BNP Paribas.
COPYRIGHT VIOLATION WARNING: This news story was originally posted by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are viewing this report on another website, it was illegally stolen and republished in violation of U.S. and global trademark & copyright laws. Finally, Two Sigma Securities LLC raised its stake in shares of Royal Bank Scotland PLC (The) by 240.6% in the first quarter. Institutional investors and hedge funds own 0.43% of the company's stock. The original version of this story can be read at https://weekherald.com/2017/08/12/royal-bank-scotland-plc-the-rbs-receives-consensus-rating-of-hold-from-brokerages-updated.html. Royal Bank of Scotland Group PLC has recorded a 50-day average of $6.64 and a two hundred day average of $6.33. Finally, ValuEngine raised shares of Royal Bank Scotland PLC (The) from a "sell" rating to a "hold" rating in a research note on Wednesday, June 14th.
The Royal Bank of Scotland Group plc (RBS) is a banking and financial services company. The Company's products and services include banking and risk management, such as payments, insurance and liquidity management; personal lending, including personal loans and credit cards; deposits, such as current accounts and savings accounts; investments, such as portfolio management and unitized funds; commercial lending, including business lending, and capital markets, including rates, currencies and financing.