RBS (LON:RBS) had its target price cut by investment analysts at JPMorgan Chase & Co. from GBX 365 ($5.20) to GBX 335 ($4.77) in a report issued on Thursday, Market Beat Ratings reports. The brokerage presently has a “neutral” rating on the financial services provider’s stock. JPMorgan Chase & Co.’s price objective indicates a potential upside of 31.73% from the stock’s current price.

In other RBS news, insider Stevenson,Ewen bought 124,906 shares of the stock in a transaction that occurred on Tuesday, November 10th. The shares were bought at an average price of GBX 320 ($4.56) per share, for a total transaction of £399,699.20 ($569,453.20).

RBS has been the subject of a number of other reports. Deutsche Bank dropped their price target on shares of RBS from GBX 355 ($5.06) to GBX 349 ($4.97) and set a “hold” rating for the company in a research report on Wednesday, October 21st. RBC Capital reiterated a “sector perform” rating and issued a GBX 350 ($4.99) price target on shares of RBS in a research report on Friday, November 27th. Sanford C. Bernstein reiterated an “outperform” rating and issued a GBX 450 ($6.41) price target on shares of RBS in a research report on Monday, October 5th. Nomura dropped their price target on shares of RBS from GBX 350 ($4.99) to GBX 330 ($4.70) and set a “neutral” rating for the company in a research report on Monday, November 23rd. Finally, AlphaValue reiterated an “add” rating and issued a GBX 347 ($4.94) price target on shares of RBS in a research report on Thursday, October 15th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of GBX 353.70 ($5.04).

RBS (LON:RBS) opened at 254.30 on Thursday. RBS has a 12-month low of GBX 246.00 and a 12-month high of GBX 414.00. The firm’s 50-day moving average price is GBX 283.32 and its 200 day moving average price is GBX 316.63. The firm’s market cap is GBX 29.52 billion.

The Royal Bank of Scotland Group plc (LON:RBS) provides financial products and services to personal, commercial, corporate and institutional customers. The Company conducts its business through three franchises and seven operating segments. The Company’s Personal & Business Banking (PBB) franchise consists of two segments: UK Personal & Business Banking (UK PBB), including Williams & Glyn, and Ulster Bank. The Commercial & Private Banking (CPB) franchise consists of two segments, Commercial Banking and Private Banking. The Company’s other segments are Corporate & Institutional Banking (CIB), Central Functions and RBS Capital Resolution (RCR). RBS operates in the United Kingdom, the United States and internationally through its principal subsidiaries, The Royal Bank of Scotland plc (the Royal Bank) and National Westminster Bank Plc (NatWest). Both the Royal Bank and NatWest are clearing banks in the United Kingdom.

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