News stories about Royal Bank Scotland PLC (The) (NYSE:RBS) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Royal Bank Scotland PLC (The) earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 46.2585786209055 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Royal Bank of Scotland to launch robo-advice under NatWest brand – Financial Times (ft.com)
- Comparing Royal Bank Scotland PLC (The) (RBS) and The Competition (americanbankingnews.com)
- Ayr’s Royal Bank of Scotland set to become a speciality beer pub – Scottish Daily Record (dailyrecord.co.uk)
- NY state regulator fines Credit Suisse $135 million over forex practices – euronews (euronews.com)
- NY Judge sides with top banks over evidence in Forex benchmark rates fixing case – FinanceFeeds (blog) (financefeeds.com)
Several equities analysts have weighed in on the company. Bank of America Corporation upgraded Royal Bank Scotland PLC (The) from an “underperform” rating to a “neutral” rating in a research note on Friday, September 22nd. Citigroup Inc. upgraded Royal Bank Scotland PLC (The) from a “sell” rating to a “neutral” rating in a research note on Tuesday, October 10th. ValuEngine upgraded Royal Bank Scotland PLC (The) from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, October 3rd. Jefferies Group LLC upgraded Royal Bank Scotland PLC (The) from a “hold” rating to a “buy” rating in a research note on Wednesday, September 27th. Finally, BidaskClub cut Royal Bank Scotland PLC (The) from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Eleven investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $8.25.
Shares of Royal Bank Scotland PLC (NYSE RBS) opened at $7.35 on Monday. Royal Bank Scotland PLC has a twelve month low of $4.80 and a twelve month high of $7.64. The firm has a market capitalization of $43,688.40, a PE ratio of 9.67 and a beta of 1.12. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.82.
Royal Bank Scotland PLC (The) (NYSE:RBS) last announced its quarterly earnings data on Friday, October 27th. The financial services provider reported $0.15 earnings per share for the quarter, hitting the consensus estimate of $0.15. Royal Bank Scotland PLC (The) had a positive return on equity of 7.75% and a negative net margin of 17.46%. The company had revenue of $4.13 billion during the quarter, compared to analyst estimates of $4.19 billion. analysts forecast that Royal Bank Scotland PLC will post 0.7 earnings per share for the current year.
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Royal Bank Scotland PLC (The) 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.
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