Deutsche Bank Downgrades Royal Bank of Scotland (RBS) to Hold

February 2, 2012 2:03 PM EST
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Price: $3.09 --0%

Rating Summary:
    7 Buy, 11 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 9 | New: 16
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Deutsche Bank downgraded shares of Royal Bank of Scotland (NYSE: RBS) from Buy to Hold Thursday afternoon.

The downgrade comes ahead of FY11 results on Thursday, February 23rd. The firm points at a 40 percent rally year to date "and significant political and practical risks around the ibank restructuring..."

For an analyst ratings summary and ratings history on Royal Bank of Scotland click here. For more ratings news on Royal Bank of Scotland click here.


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