News stories about Royal Bank of Scotland Group (LON:RBS) have been trending negative on Friday, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Royal Bank of Scotland Group earned a media sentiment score of -2.62 on their scale. InfoTrie also gave media coverage about the financial services provider an news buzz score of 5 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock’s share price in the next several days.
These are some of the news stories that may have effected Royal Bank of Scotland Group’s score:
Several analysts have recently weighed in on the stock. Royal Bank of Canada reaffirmed a “sector performer” rating and set a GBX 280 ($3.66) price target on shares of Royal Bank of Scotland Group in a research note on Thursday. Morgan Stanley decreased their price target on shares of Royal Bank of Scotland Group from GBX 335 ($4.38) to GBX 315 ($4.12) and set an “overweight” rating for the company in a research note on Tuesday, November 27th. UBS Group reaffirmed a “buy” rating and set a GBX 300 ($3.92) price target on shares of Royal Bank of Scotland Group in a research note on Thursday, November 29th. Jefferies Financial Group decreased their price target on shares of Royal Bank of Scotland Group from GBX 358 ($4.68) to GBX 341 ($4.46) and set a “buy” rating for the company in a research note on Wednesday, November 21st. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Royal Bank of Scotland Group in a research note on Wednesday, November 14th. One analyst has rated the stock with a sell rating, four have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 310.92 ($4.06).
Shares of LON:RBS opened at GBX 212 ($2.77) on Friday. Royal Bank of Scotland Group has a 52 week low of GBX 221.80 ($2.90) and a 52 week high of GBX 304.20 ($3.97).
In other news, insider Ross McEwan purchased 99,458 shares of the business’s stock in a transaction on Tuesday, October 30th. The shares were acquired at an average cost of GBX 230 ($3.01) per share, with a total value of £228,753.40 ($298,906.83).
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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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