Positive Media Coverage Somewhat Unlikely to Affect Royal Bank of Scotland Group (RBS) Stock Price

News coverage about Royal Bank of Scotland Group (NYSE:RBS) has trended positive recently, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Royal Bank of Scotland Group earned a daily sentiment score of 0.39 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 44.7459737304549 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

A number of research firms recently issued reports on RBS. Morgan Stanley upgraded Royal Bank of Scotland Group from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, January 10th. Bank of America upgraded Royal Bank of Scotland Group from an “underperform” rating to a “neutral” rating in a research report on Tuesday, February 6th. Sanford C. Bernstein lowered Royal Bank of Scotland Group from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 2nd. ValuEngine lowered Royal Bank of Scotland Group from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. Finally, Deutsche Bank upgraded Royal Bank of Scotland Group from a “hold” rating to a “buy” rating in a research report on Monday, March 26th. Twelve equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $8.25.

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NYSE:RBS traded up $0.02 during midday trading on Monday, reaching $7.66. 361,950 shares of the company traded hands, compared to its average volume of 950,094. Royal Bank of Scotland Group has a twelve month low of $5.68 and a twelve month high of $8.74. The firm has a market capitalization of $45,713.52, a P/E ratio of 11.78 and a beta of 1.31. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.16 and a quick ratio of 1.16.

Royal Bank of Scotland Group (NYSE:RBS) last announced its quarterly earnings results on Friday, February 23rd. The financial services provider reported $0.08 earnings per share (EPS) 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. research analysts anticipate that Royal Bank of Scotland Group will post 0.88 EPS for the current fiscal year.

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About Royal Bank of Scotland Group

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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