Somewhat Positive Media Coverage Somewhat Unlikely to Affect Royal Bank of Scotland Group (RBS) Stock Price
News articles about Royal Bank of Scotland Group (NYSE:RBS) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Royal Bank of Scotland Group earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 44.8561566347038 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- RBS Leaves Bonus Pool Flat for First Time Since Crisis – Bloomberg (bloomberg.com)
- Lloyds, RBS, Barclays and HSBC gain as analysts see new Basel III rules as positive – Proactive Investors UK (proactiveinvestors.co.uk)
- UPDATE: FTSE 100 scores biggest win in 10 days as pound slides after Brexit breakthrough – Morningstar.com (morningstar.com)
- RBS CEO Sees 'Diminishing Chance' of 2017 DOJ Deal (finance.yahoo.com)
Shares of Royal Bank of Scotland Group (NYSE RBS) traded down $0.03 on Tuesday, hitting $7.61. 654,700 shares of the stock traded hands, compared to its average volume of 960,462. Royal Bank of Scotland Group has a 1-year low of $5.37 and a 1-year high of $7.68. The stock has a market capitalization of $45,695.97, a P/E ratio of 10.05 and a beta of 1.12. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.82.
Royal Bank of Scotland Group (NYSE:RBS) last announced its earnings results on Friday, October 27th. The financial services provider reported $0.15 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.15. Royal Bank of Scotland Group had a negative net margin of 17.46% and a positive return on equity of 7.75%. The business had revenue of $4.13 billion for the quarter, compared to the consensus estimate of $4.19 billion. sell-side analysts forecast that Royal Bank of Scotland Group will post 0.7 EPS for the current year.
A number of research firms recently issued reports on RBS. Jefferies Group raised shares of Royal Bank of Scotland Group from a “hold” rating to a “buy” rating in a research note on Wednesday, September 27th. Zacks Investment Research raised shares of Royal Bank of Scotland Group from a “hold” rating to a “buy” rating and set a $8.25 price target on the stock in a research note on Friday, September 29th. Citigroup raised shares of Royal Bank of Scotland Group from a “sell” rating to a “neutral” rating in a research note on Tuesday, October 10th. Credit Suisse Group raised shares of Royal Bank of Scotland Group from an “underperform” rating to a “neutral” rating in a research note on Tuesday, October 10th. Finally, ValuEngine raised shares of Royal Bank of Scotland Group from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, October 3rd. Thirteen research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $8.25.
TRADEMARK VIOLATION NOTICE: This news story was originally published by Watch List News and is the property of of Watch List News. If you are reading this news story on another domain, it was stolen and republished in violation of US & international trademark and copyright laws. The correct version of this news story can be accessed at https://www.watchlistnews.com/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-royal-bank-of-scotland-group-rbs-stock-price/1759954.html.
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.
Receive News & Ratings for Royal Bank of Scotland Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Bank of Scotland Group and related companies with Analyst Ratings Network's FREE daily email newsletter.