Katie Murray Buys 82 Shares of Royal Bank of Scotland Group plc (LON:RBS) Stock

Royal Bank of Scotland Group plc (LON:RBS) insider Katie Murray bought 82 shares of the business’s stock in a transaction on Wednesday, August 28th. The stock was bought at an average price of GBX 182 ($2.38) per share, with a total value of £149.24 ($195.01).

Katie Murray also recently made the following trade(s):

  • On Tuesday, July 30th, Katie Murray bought 65 shares of Royal Bank of Scotland Group stock. The stock was bought at an average price of GBX 230 ($3.01) per share, with a total value of £149.50 ($195.35).

Shares of RBS traded up GBX 10.90 ($0.14) during trading hours on Friday, reaching GBX 208.80 ($2.73). 22,352,085 shares of the company’s stock traded hands, compared to its average volume of 16,430,000. The stock has a market cap of $25.25 billion and a PE ratio of 9.16. The firm’s 50 day simple moving average is GBX 196.71 and its 200-day simple moving average is GBX 227.46. Royal Bank of Scotland Group plc has a 12 month low of GBX 176.55 ($2.31) and a 12 month high of GBX 274.20 ($3.58).

The firm also recently declared a dividend, which will be paid on Friday, September 20th. Stockholders of record on Thursday, August 15th will be given a dividend of GBX 14 ($0.18) per share. This represents a dividend yield of 6.82%. The ex-dividend date is Thursday, August 15th. This is an increase from Royal Bank of Scotland Group’s previous dividend of $11.00. Royal Bank of Scotland Group’s dividend payout ratio (DPR) is 0.18%.

Several research analysts have commented on the company. Barclays restated an “overweight” rating on shares of Royal Bank of Scotland Group in a research note on Thursday. Goldman Sachs Group restated a “buy” rating and issued a GBX 325 ($4.25) target price (down previously from GBX 360 ($4.70)) on shares of Royal Bank of Scotland Group in a research note on Tuesday, August 13th. Shore Capital restated a “buy” rating on shares of Royal Bank of Scotland Group in a research note on Friday. Morgan Stanley reiterated an “equal weight” rating on shares of Royal Bank of Scotland Group in a research report on Friday, July 26th. Finally, Royal Bank of Canada reiterated a “sector performer” rating and set a GBX 230 ($3.01) price target on shares of Royal Bank of Scotland Group in a research report on Thursday, August 29th. Ten research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 263.23 ($3.44).

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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