Shares of Royal Bank of Scotland Group PLC (NYSE:RBS) gapped down prior to trading on Monday . The stock had previously closed at $6.94, but opened at $6.95. Royal Bank of Scotland Group shares last traded at $6.89, with a volume of 19561 shares.

Several analysts have issued reports on RBS shares. Societe Generale upgraded shares of Royal Bank of Scotland Group from a “sell” rating to a “hold” rating in a research note on Monday, September 10th. UBS Group upgraded shares of Royal Bank of Scotland Group from a “neutral” rating to a “buy” rating in a research note on Friday, August 10th. Zacks Investment Research upgraded shares of Royal Bank of Scotland Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 18th. ValuEngine upgraded shares of Royal Bank of Scotland Group from a “strong sell” rating to a “sell” rating in a research note on Tuesday, July 24th. Finally, Royal Bank of Canada upgraded shares of Royal Bank of Scotland Group from a “neutral” rating to a “buy” rating in a research note on Thursday, September 13th. Two analysts have rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $8.50.

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 stock has a market cap of $41.70 billion, a price-to-earnings ratio of 10.55 and a beta of 1.17.

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

Several institutional investors have recently bought and sold shares of the company. HPM Partners LLC raised its position in shares of Royal Bank of Scotland Group by 45.7% during the 2nd quarter. HPM Partners LLC now owns 40,245 shares of the financial services provider’s stock valued at $274,000 after buying an additional 12,624 shares in the last quarter. Narwhal Capital Management raised its position in Royal Bank of Scotland Group by 7.0% in the 2nd quarter. Narwhal Capital Management now owns 263,910 shares of the financial services provider’s stock worth $1,795,000 after purchasing an additional 17,245 shares during the period. Susquehanna Fundamental Investments LLC purchased a new position in Royal Bank of Scotland Group in the 1st quarter worth $152,000. GQG Partners LLC purchased a new position in Royal Bank of Scotland Group in the 1st quarter worth $166,000. Finally, Suntrust Banks Inc. purchased a new position in Royal Bank of Scotland Group in the 1st quarter worth $173,000. Hedge funds and other institutional investors own 0.58% of the company’s stock.

Royal Bank of Scotland Group Company Profile (NYSE:RBS)

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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