RBS reports first profit in 10 years

A number of brokerages recently issued reports on RBS. Bank of America raised Royal Bank of Scotland Group from an “underperform” rating to a “neutral” rating in a research report on Tuesday, February 6th. Morgan Stanley raised Royal Bank of Scotland Group from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, January 10th. Zacks Investment Research lowered Royal Bank of Scotland Group from a “buy” rating to a “hold” rating in a research report on Wednesday, November 29th. Macquarie lowered Royal Bank of Scotland Group from an “outperform” rating to a “neutral” rating in a research report on Wednesday, November 29th. Finally, Sanford C. Bernstein lowered Royal Bank of Scotland Group from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 2nd. Twelve research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Hold” and an average price target of $8.25.

Royal Bank of Scotland Group Company Profile

The Royal Bank of Scotland Group plc (RBS) is a banking and financial services company. 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.

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