Royal Bank of Scotland Group (NYSE:RBS) Earning Favorable News Coverage, Report Finds

Media stories about Royal Bank of Scotland Group (NYSE:RBS) have trended positive on Wednesday, according to Accern Sentiment Analysis. The research firm scores 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 positive one, with scores nearest to one being the most favorable. Royal Bank of Scotland Group earned a news sentiment score of 0.37 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 45.2261290848895 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the headlines that may have impacted Accern’s analysis:

Shares of Royal Bank of Scotland Group (NYSE:RBS) opened at $7.33 on Wednesday. The stock has a market capitalization of $44,337.32, a P/E ratio of 48.87 and a beta of 1.25. Royal Bank of Scotland Group has a 52-week low of $5.66 and a 52-week high of $8.74. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.16 and a quick ratio of 0.98.

Royal Bank of Scotland Group (NYSE:RBS) last issued its quarterly earnings data on Friday, February 23rd. The financial services provider reported $0.08 earnings per share for the quarter. Royal Bank of Scotland Group had a return on equity of 7.37% and a net margin of 8.98%. The company had revenue of $4.06 billion during the quarter, compared to analyst estimates of $3.97 billion. sell-side analysts predict that Royal Bank of Scotland Group will post 0.88 EPS for the current fiscal year.

Several brokerages recently weighed in on RBS. Morgan Stanley upgraded 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 raised Royal Bank of Scotland Group from an “underperform” rating to a “neutral” rating in a report on Tuesday, February 6th. Zacks Investment Research cut Royal Bank of Scotland Group from a “buy” rating to a “hold” rating in a report on Wednesday, November 29th. Sanford C. Bernstein cut Royal Bank of Scotland Group from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 2nd. Finally, Macquarie cut Royal Bank of Scotland Group from an “outperform” rating to a “neutral” rating in a report on Wednesday, November 29th. Eleven analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $8.25.

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About Royal Bank of Scotland Group

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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