News headlines about Royal Bank of Scotland Group (NYSE:RBS) have trended positive on Friday, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of 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 0.36 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.9915056452234 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
- Royal Bank of Scotland Group (RBS) Lifted to Overweight at Morgan Stanley (americanbankingnews.com)
- Why I’d buy Royal Bank of Scotland plc and this bargain stock with £2,000 today (fool.co.uk)
- FreeAgent Acquired by RBS for £53 Million (digit.fyi)
- RBS to take over software provider FreeAgent (verdict.co.uk)
- Nationwide enters race for RBS funds (ft.com)
A number of equities research analysts have recently weighed in on RBS shares. Sanford C. Bernstein downgraded Royal Bank of Scotland Group from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 2nd. Morgan Stanley raised Royal Bank of Scotland Group from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, January 10th. Bank of America downgraded Royal Bank of Scotland Group from a “neutral” rating to an “underperform” rating in a research note on Tuesday, January 16th. Finally, Deutsche Bank upgraded Royal Bank of Scotland Group from a “hold” rating to a “buy” rating in a report on Monday. Eleven analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $8.25.
Royal Bank of Scotland Group (NYSE:RBS) last released its quarterly earnings results on Friday, February 23rd. The financial services provider reported $0.08 earnings per share for the quarter. The firm had revenue of $4.06 billion for the quarter, compared to analysts’ expectations of $3.97 billion. Royal Bank of Scotland Group had a return on equity of 7.37% and a net margin of 8.98%. equities analysts forecast that Royal Bank of Scotland Group will post 0.88 EPS for the current fiscal year.
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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