The Royal Bank of Scotland Group plc (RBS)’s Trend Up, Especially After Today’s Strong Session

The Royal Bank of Scotland Group plc (NYSE:RBS) Logo

The stock of The Royal Bank of Scotland Group plc (NYSE:RBS) is a huge mover today! The stock increased 5.67% or $0.28 during the last trading session, reaching $5.22. About 1.56M shares traded or 70.73% up from the average. The Royal Bank of Scotland Group plc (NYSE:RBS) has declined 20.30% since September 13, 2018 and is downtrending. It has underperformed by 20.30% the S&P500.
The move comes after 9 months positive chart setup for the $31.19 billion company. It was reported on Sep, 13 by Barchart.com. We have $5.43 PT which if reached, will make NYSE:RBS worth $1.25B more.

Analysts await The Royal Bank of Scotland Group plc (NYSE:RBS) to report earnings on October, 25. They expect $0.21 earnings per share, up 110.00 % or $0.11 from last year’s $0.1 per share. RBS’s profit will be $1.25B for 6.21 P/E if the $0.21 EPS becomes a reality. After $0.25 actual earnings per share reported by The Royal Bank of Scotland Group plc for the previous quarter, Wall Street now forecasts -16.00 % negative EPS growth.

More notable recent The Royal Bank of Scotland Group plc (NYSE:RBS) news were published by: Marketwatch.com which released: “This is the biggest threat to soaring tech stocks, says Bank of America – MarketWatch” on April 26, 2019, also Seekingalpha.com with their article: “Royal Bank of Scotland moves to speed up reprivatization – Seeking Alpha” published on January 17, 2019, Seekingalpha.com published: “Royal Bank Of Scotland: Deep Discount To Intrinsic Value – Seeking Alpha” on November 07, 2016. More interesting news about The Royal Bank of Scotland Group plc (NYSE:RBS) were released by: Seekingalpha.com and their article: “The Royal Bank of Scotland Group (RBS) Presents At Deutsche Bank Global Financial Services Conference – Slideshow – Seeking Alpha” published on May 31, 2017 as well as Seekingalpha.com‘s news article titled: “Banks face U.K. class action over forex-rigging – Seeking Alpha” with publication date: July 29, 2019.

The Royal Bank of Scotland Group plc, together with its subsidiaries, provides banking and financial services and products to personal, commercial, corporate, and institutional clients worldwide. The company has market cap of $31.19 billion. The firm operates through UK Personal & Business Banking, Ulster Bank RoI, Commercial Banking, Private Banking, RBS International, NatWest Markets, Capital Resolution, Williams & Glyn, and Central Items & Other divisions. It has a 31.45 P/E ratio. It offers deposit products, including current accounts and savings accounts; personal lending products comprising secured products, personal loans, and credit cards; and commercial lending products, such as business lending, invoice financing, and asset-backed lending products.

The Royal Bank of Scotland Group plc (NYSE:RBS) Ratings Chart

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