Royal Bank of Scotland Group (RBS) Getting Positive News Coverage, Analysis Finds

News headlines about Royal Bank of Scotland Group (NYSE:RBS) have been trending positive on Saturday, according to Accern Sentiment. Accern rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Royal Bank of Scotland Group earned a media sentiment score of 0.30 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 44.9218465485381 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of Royal Bank of Scotland Group (NYSE:RBS) traded up $0.26 during trading hours on Friday, reaching $8.44. The company had a trading volume of 908,993 shares, compared to its average volume of 555,583. Royal Bank of Scotland Group has a 12 month low of $5.37 and a 12 month high of $8.44. The firm has a market cap of $48,935.07, a price-to-earnings ratio of -11.72 and a beta of 1.13. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.82.

Royal Bank of Scotland Group (NYSE:RBS) last announced its quarterly earnings data on Friday, October 27th. The financial services provider reported $0.15 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.15. The business had revenue of $4.13 billion for the quarter, compared to analyst estimates of $4.19 billion. Royal Bank of Scotland Group had a positive return on equity of 7.75% and a negative net margin of 17.46%. equities analysts predict that Royal Bank of Scotland Group will post 0.7 earnings per share for the current fiscal year.

RBS has been the topic of several recent analyst reports. Macquarie lowered Royal Bank of Scotland Group from an “outperform” rating to a “neutral” rating in a research report on Wednesday, November 29th. Zacks Investment Research lowered Royal Bank of Scotland Group from a “buy” rating to a “hold” rating in a research report on Wednesday, November 29th. BNP Paribas raised Royal Bank of Scotland Group from a “neutral” rating to an “outperform” rating in a research report on Thursday, October 5th. Bank of America raised Royal Bank of Scotland Group from an “underperform” rating to a “neutral” rating in a research report on Friday, September 22nd. Finally, ValuEngine raised Royal Bank of Scotland Group from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, October 3rd. Fourteen equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $8.25.

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Royal Bank of Scotland Group Company Profile

The Royal Bank of Scotland Group plc (RBS) is a banking and financial services company. The Company provides a range of products and services to personal, commercial, corporate and institutional customers, through its subsidiaries, The Royal Bank of Scotland plc and National Westminster Bank Plc (NatWest), as well as through other brands, including Ulster Bank and Coutts.

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