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Royal Bank Scotland Group Plc (RBS) [hlAlert]

Rating:
Overweight
RBS
up 73.98 %

THE ROYAL BANK OF SCOTLAND GRO (RBS) upgraded to Overweight by HSBC Securities

Posted on: Tuesday,  Feb 3, 2009  8:25 AM ET by HSBC Securities

HSBC Securities rated Overweight Royal Bank Scotland Group Plc (NYSE: RBS) on 02/03/2009, when the stock price was $5.92.
Since then, Royal Bank Scotland Group Plc has gained 73.99% as of 01/14/2016's recent price of $10.30.
If you would have followed this HSBC Securities's recommendation on RBS, you would have gained 73.98% of your investment in 2536 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.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/3/2009 8:25 AM Buy
None
5.92
as of 12/31/2009
1 Week up  50.79 %
1 Month up  28.68 %
3 Months down  -15.67 %
1 YTD up  141.72 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/15/2008 9:25 AM Hold
None
25.20

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