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Royal Bank Scotland Group Plc (RBS) [hlAlert]

Rating:
Underperform
RBS
up 14.66 %

Royal Bank Scotland Group Plc (RBS) downgraded to Underperform by BofA/Merrill

Posted on: Monday,  Oct 14, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Underperform Royal Bank Scotland Group Plc (NYSE: RBS) on 10/14/2013, when the stock price was $11.81.
Since then, Royal Bank Scotland Group Plc has lost 12.79% as of 01/14/2016's recent price of $10.30.
If you would have followed this BofA/Merrill's recommendation on RBS, you would have gained 14.66% of your investment in 822 days.

The Royal Bank of Scotland Group plc (RBS) is the holding company of a global banking and financial services group. The Company operates in the United Kingdom, the United States, and internationally through its two principal subsidiaries, The Royal Bank of Scotland plc (the Royal Bank) and National Westminster Bank Plc (NatWest). In the United States, RBS? subsidiary, Citizens Financial Group, Inc. (Citizens), operates as a commercial banking company. The Company?s activities are organized into four business divisions: Global Markets (comprising Global Banking & Markets and Global Transaction Services), Regional Markets (comprising UK Retail & Commercial Banking, US Retail & Commercial Banking, Europe & Middle East Retail & Commercial Banking, and Asia Retail & Commercial Banking), RBS Insurance and Group Manufacturing. In November 2009, Australia and New Zealand Banking Group Limited announced the acquisition of the Company's business in the Philippines.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/14/2013 8:25 AM Sell
None
11.81
as of 12/13/2013
1 Week up  5.56 %
1 Month up  1.80 %
3 Months up  12.36 %
1 YTD up  12.36 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/8/2013 9:25 AM Hold
None
8.93

(*) Stock Price at the time of the recommendation.
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