Several analysts have recently updated their ratings and price targets for Royal Bank of Scotland Group (NYSE: RBS):

  • 9/13/2018 – Royal Bank of Scotland Group was upgraded by analysts at Royal Bank of Canada from a “neutral” rating to a “buy” rating.
  • 9/12/2018 – Royal Bank of Scotland Group was upgraded by analysts at Goldman Sachs Group Inc from a “neutral” rating to a “buy” rating.
  • 9/10/2018 – Royal Bank of Scotland Group was upgraded by analysts at Societe Generale from a “sell” rating to a “hold” rating.
  • 9/6/2018 – Royal Bank of Scotland Group was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating.
  • 8/20/2018 – Royal Bank of Scotland Group was upgraded by analysts at Citigroup Inc from a “neutral” rating to a “buy” rating.
  • 8/10/2018 – Royal Bank of Scotland Group was upgraded by analysts at UBS Group AG from a “neutral” rating to a “buy” rating.
  • 8/7/2018 – Royal Bank of Scotland Group was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.
  • 8/3/2018 – Royal Bank of Scotland Group was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “The Royal Bank of Scotland Group plc is the holding company of one of the world’s largest banking and financial services groups, with a market capitalisation of £62.8 billion at the end of 2006. Headquartered in Edinburgh, the Group operates in the UK, US and internationally through its two principal subsidiaries, the Royal Bank and NatWest. Both the Royal Bank and NatWest are major UK clearing banks whose origins go back over 275 years. In the US, the Group’s subsidiary Citizens is ranked the eighth largest commercial banking organisation by deposits. The Group has a large and diversified customer base and provides a wide range of products and services to personal, commercial and large corporate and institutional customers. “

Royal Bank of Scotland Group stock traded down $0.02 during mid-day trading on Thursday, hitting $6.77. The company’s stock had a trading volume of 26,165 shares, compared to its average volume of 769,618. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.97 and a current ratio of 1.16. The firm has a market cap of $40.99 billion, a price-to-earnings ratio of 10.42 and a beta of 1.17. Royal Bank of Scotland Group PLC has a twelve month low of $6.13 and a twelve month high of $8.74.

Royal Bank of Scotland Group (NYSE:RBS) last posted its quarterly earnings results on Friday, August 3rd. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.04). The business had revenue of $4.06 billion during the quarter, compared to analyst estimates of $4.27 billion. Royal Bank of Scotland Group had a return on equity of 7.04% and a net margin of 11.77%. equities analysts predict that Royal Bank of Scotland Group PLC will post 0.76 EPS for the current fiscal year.

Institutional investors have recently bought and sold shares of the business. Susquehanna Fundamental Investments LLC acquired a new position in Royal Bank of Scotland Group in the first quarter worth approximately $152,000. GQG Partners LLC acquired a new position in Royal Bank of Scotland Group in the first quarter worth approximately $166,000. Suntrust Banks Inc. acquired a new position in Royal Bank of Scotland Group in the first quarter worth approximately $173,000. HPM Partners LLC grew its position in Royal Bank of Scotland Group by 45.7% in the second quarter. HPM Partners LLC now owns 40,245 shares of the financial services provider’s stock worth $274,000 after buying an additional 12,624 shares during the last quarter. Finally, Atlas Capital Advisors LLC acquired a new position in Royal Bank of Scotland Group in the second quarter worth approximately $330,000. Hedge funds and other institutional investors own 0.58% of the company’s stock.

The Royal Bank of Scotland Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide. It operates through Personal & Business Banking, Commercial & Private Banking, RBS International, and NatWest Markets segments.

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