News stories about Royal Bank of Scotland Group (NYSE:RBS) have trended positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. 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 media sentiment score of 0.35 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 45.3375956542723 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
- RBS approves shareholder vote on whether to give retail investors more power – Proactive Investors UK (proactiveinvestors.co.uk)
- [$$] RBS takes first step to allow shareholders a vote on executive pay (finance.yahoo.com)
- Investor groups win vote on RBS shareholder committee (finance.yahoo.com)
- What Should You Know About The Royal Bank of Scotland Group plc’s (LON:RBS) Growth? (finance.yahoo.com)
- Hot Stock under Review – Royal Bank of Scotland Group plc (NYSE: RBS) – Stocks Market Cap (stocksmarketcap.com)
A number of research firms recently commented on RBS. Bank of America raised Royal Bank of Scotland Group from an “underperform” rating to a “neutral” rating in a research note on Tuesday, February 6th. 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. Sanford C. Bernstein lowered Royal Bank of Scotland Group from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 2nd. Macquarie lowered Royal Bank of Scotland Group from an “outperform” rating to a “neutral” rating in a research note on Wednesday, November 29th. Finally, Zacks Investment Research lowered Royal Bank of Scotland Group from a “buy” rating to a “hold” rating in a research note on Wednesday, November 29th. Eleven investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. Royal Bank of Scotland Group has an average rating of “Hold” and an average target price of $8.25.
Royal Bank of Scotland Group (NYSE:RBS) last issued 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 firm had revenue of $4.06 billion for the quarter, compared to analyst estimates of $3.97 billion. sell-side analysts anticipate that Royal Bank of Scotland Group will post 0.88 earnings per share for the current fiscal year.
COPYRIGHT VIOLATION WARNING: “Favorable News Coverage Somewhat Unlikely to Affect Royal Bank of Scotland Group (RBS) Share Price” was reported by Ticker Report and is the property of of Ticker Report. If you are accessing this article on another publication, it was copied illegally and republished in violation of US and international copyright and trademark legislation. The legal version of this article can be viewed at https://www.tickerreport.com/banking-finance/3279064/favorable-news-coverage-somewhat-unlikely-to-affect-royal-bank-of-scotland-group-rbs-share-price.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 MarketBeat.com's FREE daily email newsletter.