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

News stories about Royal Bank of Scotland Group (NYSE:RBS) have been trending positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Royal Bank of Scotland Group earned a daily sentiment score of 0.31 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 45.1254763638027 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

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

A number of research firms have weighed in on RBS. Bank of America upgraded shares of Royal Bank of Scotland Group from an “underperform” rating to a “neutral” rating in a research report on Tuesday, February 6th. Morgan Stanley upgraded shares of Royal Bank of Scotland Group from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, January 10th. Sanford C. Bernstein cut shares of Royal Bank of Scotland Group from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 2nd. Macquarie cut shares of Royal Bank of Scotland Group from an “outperform” rating to a “neutral” rating in a research report on Wednesday, November 29th. Finally, Zacks Investment Research cut shares of Royal Bank of Scotland Group from a “buy” rating to a “hold” rating in a research report on Wednesday, November 29th. Twelve investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $8.25.

Royal Bank of Scotland Group (RBS) traded down $0.01 during trading on Thursday, hitting $7.92. 886,264 shares of the stock were exchanged, compared to its average volume of 947,959. Royal Bank of Scotland Group has a fifty-two week low of $5.66 and a fifty-two week high of $8.74. The stock has a market capitalization of $46,846.31, a price-to-earnings ratio of -11.00 and a beta of 1.20. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.98 and a quick ratio of 0.98.

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About Royal Bank of Scotland Group

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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