ROYAL BANK OF SCOTLAND GROUP PLC is within a rising trend. Continued positive development within the trend channel is indicated. The stock has broken up through the resistance at pence 50.00. A further rise to 100p (1) is predicted in the medium term. The stock is assessed as technically positive for the medium long term.

Good luck -

I was being facetious!

Nice picture of yourself Skinny.
When was that taken?
TT

I didn't know that's Skinny. Very beautiful.

TT - "in my best butch voice" ha, bloody ha! :-)

Well, it made me laugh, Butch!

Falling knife well and truly caught!

might be wrong but inclined to agree with harry at mo,


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Investec Sell 316.30 323.90 290.00 290.00 Retains

JP Morgan Cazenove Overweight 316.30 323.90 415.00 415.00 Retains

Barclays Capital Overweight 316.30 323.90 330.00 330.00 Retains

Deutsche Bank Hold 316.30 323.90 325.00 300.00 Retains

Bank of America Merrill Lynch Buy 316.30 323.90 400.00 380.00 Reiterates

UBS Buy 316.30 323.90 410.00 410.00 Retains

Which one of those has friends in RBS or Barclays?

put a limit buy in at 310 and so i'm in now.,.

thought 310 good entry but not so today, creeping down to 303p and lower. Ah well.,.

King is getting clever just before he is due to leave. Wants to sell himself, I think. Talking Rubbish

The fall in Lloyds and RBS are associated with the lack of proper economic policy by the government!!!

Unfortunately, I hold both and losing a lot!! and regret it.

at the end of the day politicians do not add economic value, it is up to those directors at RBS and LLOY to show shareholders they are worth their fees and salaries.

RBS completes partial sale of DLG ordinary shares

RBS Completes Partial Sale of Direct Line Group Ordinary Shares

Further to the announcement by The Royal Bank of Scotland Group plc ("RBS") on 12 March 2013, RBS has completed the sale of 252.3 million ordinary shares in Direct Line Insurance Group plc ("Direct Line Group") at a price of £2.01 pence per share, raising gross proceeds of £507 million, assuming the over-allotment is exercised in full.

RBS now holds 726.9 million ordinary shares of Direct Line Group, representing 48.5% of the issued ordinary share capital. If the over-allotment option is not exercised, RBS's remaining stake will comprise 749.9 million shares, equivalent to 49.99% of Direct Line Group's issued ordinary share capital.

The sale marks the continuation of RBS's EU-mandated disposal strategy, with cash proceeds being used for general corporate purposes.

Bruce Van Saun, RBS Group Finance Director commented, "We are pleased with the performance of Direct Line Group since the IPO in October 2012. This sale is part of our ongoing delivery against EU commitments and will take our ownership below the 50% level. We continue to execute well against the key milestones in our recovery plan".

StockMarketWire.com
Barclays Capital has downgraded its recommendation on Royal Bank of Scotland (LON:RBS) to "equal weight" from "overweight" in a wider UK Banks research note to investors. The City broker has lowered its target price by 9 per cent to 300 pence a share (previously 330 pence). Shares in RBS have fallen in value by around 12 per cent in the past month. In the same note, Barclays Capital retained an "underweight" rating and 40 pence price target on Lloyds Banking Group (LON:LLOY). Broker Forecasts consensus data shows that only 9 per cent of brokers continue to rate RBS as a "buy" stock with 39 per cent rating the shares as a "sell".

oh dear, can't see lloyds going back to 40p but might be wrong......usually am.,.

What do you expect Barclays to say about their competitors!

They are just (mis) leading. Minimal effect on RBS.

Liberum Capital Buy 305.60 293.60 - 340.00 Upgrades