Royal Bank of Scotland Group (RBS) Lifted to “Sell” at ValuEngine

ValuEngine upgraded shares of Royal Bank of Scotland Group (NYSE:RBS) from a strong sell rating to a sell rating in a research report sent to investors on Wednesday morning.

A number of other brokerages have also weighed in on RBS. Societe Generale raised shares of Royal Bank of Scotland Group from a sell rating to a hold rating in a research note on Monday, September 10th. UBS Group raised shares of Royal Bank of Scotland Group from a neutral rating to a buy rating in a research note on Friday, August 10th. Zacks Investment Research raised shares of Royal Bank of Scotland Group from a strong sell rating to a hold rating in a research note on Wednesday, July 18th. Royal Bank of Canada raised shares of Royal Bank of Scotland Group from a neutral rating to a buy rating in a research note on Thursday, September 13th. Finally, Citigroup raised shares of Royal Bank of Scotland Group from a neutral rating to a buy rating in a research note on Monday, August 20th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of $8.50.

Shares of RBS traded down $0.04 during trading hours on Wednesday, reaching $6.66. 414,466 shares of the company traded hands, compared to its average volume of 758,572. The firm has a market capitalization of $39.91 billion, a price-to-earnings ratio of 10.25 and a beta of 1.08. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.02. Royal Bank of Scotland Group has a 12 month low of $5.82 and a 12 month high of $8.74.

A number of large investors have recently bought and sold shares of RBS. Lourd Capital LLC bought a new stake in Royal Bank of Scotland Group during the third quarter worth about $115,000. Trexquant Investment LP bought a new stake in Royal Bank of Scotland Group during the third quarter worth about $117,000. Suntrust Banks Inc. bought a new stake in Royal Bank of Scotland Group during the first quarter worth about $173,000. Janney Montgomery Scott LLC boosted its stake in Royal Bank of Scotland Group by 47.3% during the third quarter. Janney Montgomery Scott LLC now owns 36,173 shares of the financial services provider’s stock worth $236,000 after acquiring an additional 11,619 shares in the last quarter. Finally, HPM Partners LLC boosted its stake in Royal Bank of Scotland Group by 45.7% during the second quarter. HPM Partners LLC now owns 40,245 shares of the financial services provider’s stock worth $274,000 after acquiring an additional 12,624 shares in the last quarter. 0.58% of the stock is currently owned by institutional investors and hedge funds.

About Royal Bank of Scotland Group

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.

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Analyst Recommendations for Royal Bank of Scotland Group (NYSE:RBS)

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