Royal Bank Scotland PLC (The) (NYSE:RBS) will be issuing its quarterly earnings data before the market opens on Friday, October 27th. Analysts expect the company to announce earnings of $0.15 per share for the quarter.

Royal Bank Scotland PLC (The) (NYSE:RBS) last released its quarterly earnings results on Friday, August 4th. The financial services provider reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.10. Royal Bank Scotland PLC (The) had a positive return on equity of 6.92% and a negative net margin of 23.27%. The company had revenue of $4.74 billion for the quarter, compared to analysts’ expectations of $4.10 billion. On average, analysts expect Royal Bank Scotland PLC (The) to post $-14.00 EPS for the current fiscal year and $1.00 EPS for the next fiscal year.

Royal Bank Scotland PLC (RBS) opened at 7.45 on Friday. The firm’s 50-day moving average price is $7.03 and its 200-day moving average price is $6.68. The firm’s market capitalization is $44.17 billion. Royal Bank Scotland PLC has a 1-year low of $4.51 and a 1-year high of $7.49.

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Several brokerages have recently issued reports on RBS. BidaskClub raised shares of Royal Bank Scotland PLC (The) from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 8th. Bank of America Corporation raised shares of Royal Bank Scotland PLC (The) from an “underperform” rating to a “neutral” rating in a research report on Friday, September 22nd. Citigroup Inc. raised shares of Royal Bank Scotland PLC (The) from a “sell” rating to a “neutral” rating in a research report on Tuesday, October 10th. ValuEngine raised shares of Royal Bank Scotland PLC (The) from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, October 3rd. Finally, Jefferies Group LLC raised shares of Royal Bank Scotland PLC (The) from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $8.25.

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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