Positive Press Coverage Somewhat Unlikely to Impact Royal Bank of Scotland Group (NYSE:RBS) Stock Price

News stories about Royal Bank of Scotland Group (NYSE:RBS) have been trending positive recently, Accern reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Royal Bank of Scotland Group earned a news impact score of 0.38 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 46.025566867005 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:

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

NYSE RBS opened at $7.41 on Friday. The stock has a market capitalization of $44,636.50, a P/E ratio of 11.48 and a beta of 1.32. Royal Bank of Scotland Group has a twelve month low of $5.66 and a twelve month high of $8.74. The company has a current ratio of 1.16, a quick ratio of 0.98 and a debt-to-equity ratio of 0.88.

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 net margin of 8.98% and a return on equity of 7.37%. The firm had revenue of $4.06 billion for the quarter, compared to analysts’ expectations of $3.97 billion. research analysts anticipate that Royal Bank of Scotland Group will post 0.88 earnings per share 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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