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Morgan Stanley Cuts Royal Bank of Scotland (RBS) to Underweight

October 17, 2011 11:53 AM EDT
Get Alerts RBS Hot Sheet
Price: $3.09 --0%

Rating Summary:
    7 Buy, 11 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Shares of Royal Bank of Scotland (NYSE: RBS) have dipped to fresh session lows following a mid-day downgrade from Morgan Stanley.

The firm now rates RBS shares an Underweight, down from Equalweight previously.

The stock last traded at $7.54, down 2.8 percent from Friday's closing price.

For more ratings news on Royal Bank of Scotland click here and for the rating history of Royal Bank of Scotland click here.


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