Favorable Media Coverage Somewhat Unlikely to Impact Royal Bank of Scotland Group (RBS) Stock Price
News stories about Royal Bank of Scotland Group (NYSE:RBS) have been trending positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Royal Bank of Scotland Group earned a daily sentiment score of 0.45 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 46.2641550804283 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
- Royal Bank of Scotland Group PLC (RBS) to Issue $0.05 Dividend (americanbankingnews.com)
- CFO Moves: Hamilton Beach Brands, Royal Bank of Scotland (blogs.wsj.com)
- RBS Taps Katie Murray as Interim CFO as Stevenson Preps Exit (finance.yahoo.com)
- RBS says its deputy CFO will become interim CFO (finance.yahoo.com)
- Royal Bank of Scotland: $4.9B Lesson for General Counsel on Misconduct, Dumb Emails (americanlawyer.com)
Shares of NYSE RBS opened at $6.24 on Friday. The stock has a market capitalization of $38.23 billion, a PE ratio of 9.60 and a beta of 1.10. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.98. Royal Bank of Scotland Group has a 52 week low of $6.13 and a 52 week high of $8.74.
A number of equities analysts have weighed in on the stock. Zacks Investment Research cut shares of Royal Bank of Scotland Group from a “hold” rating to a “sell” rating in a research report on Friday, August 3rd. UBS Group upgraded shares of Royal Bank of Scotland Group from a “neutral” rating to a “buy” rating in a research report on Friday, August 10th. ValuEngine cut shares of Royal Bank of Scotland Group from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 7th. Societe Generale upgraded shares of Royal Bank of Scotland Group from a “sell” rating to a “hold” rating in a research report on Friday, May 11th. Finally, Investec upgraded shares of Royal Bank of Scotland Group from a “hold” rating to a “buy” rating in a research report on Monday, June 18th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the stock. Royal Bank of Scotland Group has an average rating of “Hold” and a consensus target price of $8.50.
Royal Bank of Scotland Group Company Profile
Royal Bank of Scotland Group Plc engages in the provision of international banking and financial services. It operates through the following segments: Personal and Business Banking, Commercial and Private Banking, RBS International (RBSI), NatWest Markets, and Central Items and Other. The Personal and Business Banking segment consists of the United Kingdom Personal, Business Banking, and Ulster Bank RoI sub-segments.The Commercial and Private Banking segment covers the Commercial Banking, Private Banking, and RBS International Commercial Banking sub-segments, involved in serving retail, commercial, corporate, and financial institution customers.
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