The Royal Bank Of Scotland (LON:RBS) share price has risen by 2.75% over the past month and it’s currently trading at 121.2. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Royal Bank Of Scotland currently has:
- 3 Buy recommendations
- 7 Hold recommendations
- 0 Sell recommendations
This suggests that analysts are generally positive about the outlook.
Going beyond analyst recommendations
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Royal Bank Of Scotland it's worth doing some investigation yourself. You could do this by taking a look at Royal Bank Of Scotland's StockReport.
There are all sorts of factors that could affect Royal Bank Of Scotland's share price this year – we simplify them into easy to understand scores with our Stockopedia StockReport. Click here to take a look at the StockReport for Royal Bank Of Scotland – you might discover some surprising things you didn’t know.