Royal Bank of Scotland Group (The)
RBS: 217.41 1.70 (▲0.78%)
| Bid Price | 214.00 | High Price | 0.00 |
|---|---|---|---|
| Ask Price | 224.00 | Low Price | 0.00 |
| Open Price | 0.00 | Spread | 4.57% |
| Prev Close | 217.30 | Volume | 0.00 |
Royal Bank of Scotland Group (The) Share Price Chart
Intraday
Historic – 1 year
Royal Bank of Scotland Group (The) Share Price Information
| Name | Royal Bank of Scotland Group (The) | Epic | RBS |
|---|---|---|---|
| Sector | Banks | ISIN | GB00B7T77214 |
| Activites | Banking, financial and insurance services. | Security Type | Equity |
Key numbers
| Latest Share Price (p) | 219.00 | Net Gearing (%) | 83.62 |
|---|---|---|---|
| Market Cap (£m) | 26,046.42 | Gross Gearing (%) | 93.36 |
| Shares in issue (m) | 11,823.16 | Debt Ratio | 93.36 |
| P/E Ratio | -12.81 | Debt-to-Equity Ratio | 1.00 |
| Divs per share (p) | 0.00 | Assets / Equity Ratio | 15.06 |
| Dividend Yield (%) | 0.00 | Price to book value | 0.48 |
| Dividend Cover | 0.00 | SROCE (%) | -0.33 |
| Earning per share (p) | -17.20 | EPS Growth (%) | 43.79 |
| 52-week high / low (p) | 310.20 / 148.40 | DPS Growth (%) |
Royal Bank of Scotland Group (The) Broker Views
| Date | Broker | Rec. | Price | Old target price | New target price | Notes |
|---|---|---|---|---|---|---|
| 01 Dec | HSBC | Reduce | 217.41 | 160.00 | 160.00 | Retains |
| 01 Dec | Barclays Capital | Underweight | 217.41 | Reiterates | ||
| 30 Nov | AlphaValue | Sell | 217.41 | 178.00 | 178.00 | Retains |
| 29 Nov | Credit Suisse | Underperform | 217.41 | 180.00 | Initiates/Starts | |
| 25 Nov | Goldman Sachs | Buy | 217.41 | 225.00 | 240.00 | Reiterates |
Royal Bank of Scotland Group (The) Director Deals
| Date | Director | Type | Volume / Price | Trade Value |
|---|---|---|---|---|
| 09 Nov 2016 | Ross McEwan | Transfer Out | 16528 @ 0.00p | £0.00 |
| 09 Nov 2016 | Ewen Stevenson | Sell | 100289 @ 187.30p | £187,841.30 |
| 09 Nov 2016 | Ewen Stevenson | Transfer In | 213379 @ 0.00p | £0.00 |
| 09 Nov 2016 | Ross McEwan | Sell | 125361 @ 187.30p | £234,801.15 |
| 09 Nov 2016 | Ross McEwan | Transfer In | 266724 @ 0.00p | £0.00 |
| 08 Aug 2016 | Sheila Noakes | Buy | 20000 @ 180.30p | £36,060.00 |
Royal Bank of Scotland Group (The) Company News
FTSE mixed with blue chips up on miners
London stocks were mixed in early deals as the market continued to digest news of Italy’s Prime Minister, Matteo Renzi, quitting after losing a key constitutional reform referendum, sparking a slide in the euro.
Soon after the open, FTSE 100 was down 17.06 points, or 0.25%, to 6747.78, while FTSE 250 was down 3.2, or 0.02%, to 17,432.1. At 8.35am, WTI crude was up 0.41% to $51.89/bbl and Brent was up 0.42% to $54.69/bbl. Gold was down 0.43% to $1172.7/oz.
Miners led blue chips up. BHP BIlliton (BLT) rose 2.45% to 1336p, while Antofagasta (ANTO) added 2.45% to 710.5p. More — among them Rio Tinto (RIO), Glencore (GLEN) and Anglo American (AAL) — followed close behind.
So far, top-100 index risers outnumbered fallers about 87 to 13. Among those on the march north were supermarkets, leisure, financials and property. Burberry (BRBY) added 2.44% to 1446.5p, while Tesco (TSCO) improved 1.93% higher to 210.75p.
In the leisure sphere, TUI (TUI) rose 1.45% to 1050p, with Carnival (CCL) firming 1.15% to 3952p. Financials were guided up by Prudential (PRU), ahead 1.67% to 1587p, and Barclays (BARC), which improved 1.67% to 216.5p.
Among those to the downside, gold sensitive miners were notable. Randgold Resources (RRS) flopped 3.39% to 5627.5p, while Fresnillo (FRE) faded 2.92% to 1163p. Several US rates-sensitive utilities also figured behind Centica (CNA), lower 0.5% to 207.15p.
BLUE-CHIP NEWS
Royal Bank of Scotland (RBS), up 0.26% to 193.9p, said it has concluded a full and final settlement with three of the five shareholder groups representing 77% of the claims by value in the 2008 Shareholder Rights Issue litigation.
AstraZeneca (AZN), up 0.3% to 4067.25p, has completed the agreement with Cilag GmbH International, an affiliate of Johnson & Johnson, for the divestment of the rights to Rhinocort Aqua outside the US.
BIGGER MOVERS
Mirada (MIRA), down 42.42% to 2.38p, now expects total revenues for the current financial year will be below current market views, with pretax profits likely to be substantially lower than current market anticipations.
Origo Partners (OPP), up 15.38% to 1.88p, has entered into an unsecured loan agreement with Lars Bader, under which the latter has provided a $2.5m unsecured loan.
LONDON HIGHLIGHTS
Purplebricks (PURP), up 7.6% to 113.25p, has more than halved its H1 pretax loss to £2.76m, from £6.39m. Revenue was £18.7m, from £7.2m. Cambian Group (CMBN), up 11.66% to 146p, has agreed to dispose of its adult services business to Cygnet Health Care Ltd, a subsidiary of Universal Health Services for £377m cash.
Armadale Capital (ACP), up 10.34% to 4p, said Kisenge Mining Pty Ltd has completed due diligence and exercised its option to form a JV with Armadale to develop and operate the Mpokoto gold project in the Katanga Province of the Democratic Republic of Congo.
RedstoneConnect (REDS), up 7.27% to 1.48p, announces the deployment of award-winning workspace management software solution OneSpace with UBM, a global events and marketing communications specialist, at their US head office in New York City.
RhythmOne (RTHM), up 6.35% to 39.88p, has agreed to acquire all of Perk’s issued and outstanding Common and Class A Restricted voting shares and certain employee options in exchange for total consideration of about $42.5m in an all stock transaction that is expected to close in January 2017.
Westminster Group (WSG), up 5.81% to 20.5p, said division Sovereign Ferries is ready to commence its ferry service in Sierra Leone, West Africa.
Flowgroup (FLOW), up 5.08% to 7.75p, has issued a further update to its Flow Energy business, which as stated on 16 November continues to perform well and in line with management expectations.
CyanConnode (CYAN), up 4.76% to 0.22p, has announced a further purchase order from Larsen & Toubro to expand the deployment of CyanConnode’s smart metering solution at Tata Power Mumbai with an additional 4,700 smart meters.
Other stocks in the news included Helios Underwriting (HUW), ECO Animal Health (EAH), St. Modwen (SMP), Spectra Systems (SPSY), Filtronic (FTC), Sula Iron & Gold (SULA), Horizonte Minerals (HZM), Evgen Pharma (EVG), 21st Century Technology (C21), Physiomics (PYC), Landore (LND), Wizz Air (WIZZ), Gulf Keystone (GKP), Craven House Capital (CRV) and Aminex (AEX).
Story provided by StockMarketWire.com
RBS majority settles 2008 shareholder litigation
Royal Bank of Scotland said it has concluded a full and final settlement with three of the five shareholder groups representing 77% of the claims by value in the 2008 Shareholder Rights Issue litigation.
It said this was in order to minimise further material litigation expense and management distraction and without any admission of liability.
In total, RBS is willing to make available settlement sums of up to £800 million assuming settlement of all claims, to be split among all five shareholder groups, subject to agreement and claim validation.
RBS will now seek to agree finalised terms with members of the remaining two groups whose claims are presently continuing. Any claims for which settlement is not achieved will, however, continue to be vigorously defended. The trial for such claims is due to commence in March 2017.
Story provided by StockMarketWire.com
FLASH: RBS notes majority settlement of 2008 shareholder litigation
Story provided by StockMarketWire.com
OPEC hopes prompts oil rally
The FTSE 100 gained 0.2% after oil prices continued to rally during the OPEC meeting, which outweighed weakness in banking and mining stocks.
West Texas Intermediate and Brent crude oil both rose 7.7% to $48.74 and $49.98 per barrel, respectively.
Gold slipped 1.2% to $1,173 per ounce and copper increased 1.2% to $5,798 per tonne.
FTSE 100 RISERS AND FALLERS
State-owned banking group Royal Bank of Scotland (RBS) fell 1.4% to 194.3p as it emerged as the main loser in the latest Bank of England stress test. The company said it needs to raise at least £2bn of extra capital.
Shares in Barclays (BARC) and Standard Chartered (STAN) were flat as the results revealed some ‘inadequacies’ but not sufficient enough to require strengthening their balance sheets.
Lloyds (LLOY) was also stable as it ‘comfortably exceeded the higher capital and leverage thresholds’.
Full year numbers from software firm Sage (SGE) revealed that revenue climbed 6.1% in the September 2016 financial year. The dividend was hiked by 8% to 14.15p and the firm said it will target further organic revenue growth, but this failed to impress the market.
FTSE 250 RISERS AND FALLERS
Plastic packaging business RPC (RPC) jumped 7.5% on a 66% year-on-year increase in first half pre-tax profit. It also boasted over 100% advance in free cash flow, which supported a dividend hike.
Investors were eager to invest in online property portal Zoopla (ZPLA) following an 84% increase in full year revenue to £197.7m. It also announced the acquisition of estate agency website design business Technicweb.
Soft drinks business Britvic (BVIC) fizzed 4.3% after posting an 8.4% increase in full year earnings as a result of Brazilian expansion and improved UK sales.
Investors overlooked lower pre-tax profit at Brewin Dolphin (BRW) as the stockbroker reiterated that its business is financially strong. Statutory pre-tax profit declined from £61m to £50.1m.
SMALL CAP RISERS AND FALLERS
Mobile radio communications firm Hytera said it was in talks over a possible offer for mobile radio products manufacturer Sepura (SEPU).
Bushveld Minerals (BMN) announced the Competition Commission of South Africa completed its investigation and unconditionally approved its acquisition of Strategic Minerals, prompting a share price rise of 16%.
Mineral explorer Bezant (BZT) announced that initial gold and platinum was recovered using its exploration processing plant on site at the FKJ 083 licence area in Columbia. The stock catapulted 58% to 2.5p.
Trans-Siberian Gold (TSG) surprised investors by offering to pay a special dividend, amounting to $5.5m, prompting its stock to gain 9%.
Shares in gaming tech firm Playtech (PTEC) struggled after major shareholder Brickington Trading sold 12% of its stake.
Anglesey Mining (AYM) raised approximately £310,000 to development its Parys Mountain zinc-copper-lead deposit in North Wales.
Story provided by StockMarketWire.com
Oil surge boosts FTSE
The FTSE 100 rallied 0.8% on materially stronger oil prices as hopes of a deal at today’s OPEC meeting increased. This outweighed weakness in banking and mining stocks.
West Texas Intermediate and Brent crude oil both surged over 7% to $48.41 and $49.81 per barrel, respectively.
Gold retreated 0.2% to $1,185 per ounce, while copper rose 0.4% to $5,754 per tonne.
FTSE 100 RISERS AND FALLERS
State-owned banking group Royal Bank of Scotland (RBS) slumped 3% to 190.9p as it emerged as the main loser in the latest Bank of England stress test. The company said it needs to raise at least £2bn of extra capital.
Shares in Barclays (BARC) and Standard Chartered (STAN) were flat as the results revealed some ‘inadequacies’ but not sufficient enough to require strengthening their balance sheets.
Lloyds (LLOY) nudged higher as it ‘comfortably exceeded the higher capital and leverage thresholds’.
Full year numbers from software firm Sage (SGE) retreated 0.9% despite a revenue increase of 6.1% in the September 2016 financial year. The dividend was hiked by 8% to 14.15p and the firm said it will target further organic revenue growth.
FTSE 250 RISERS AND FALLERS
Plastic packaging business RPC (RPC) jumped 7.5% on a 66% year-on-year increase in first half pre-tax profit. It also boasted over 100% advance in free cash flow, which supported a dividend hike.
Investors were eager to invest in online property portal Zoopla (ZPLA) following an 84% increase in full year revenue to £197.7m. It also announced the acquisition of estate agency website design business Technicweb.
Soft drinks business Britvic (BVIC) fizzed 7.3% after posting an 8.4% increase in full year earnings as a result of Brazilian expansion and improved UK sales.
Investors overlooked lower pre-tax profit at Brewin Dolphin (BRW) as the stockbroker reiterated that its business is financially strong. Statutory pre-tax profit declined from £61m to £50.1m.
SMALL CAP RISERS AND FALLERS
Mineral explorer Bezant (BZT) announced that initial gold and platinum was recovered using its exploration processing plant on site at the FKJ 083 licence area in Columbia. The stock catapulted 58% to 2.5p.
Gaming group Webis (WEB) reported a 3.3% decline in gross profit to $4.1m, which it blamed on ‘the cost of remaining competitive.’
Trans-Siberian Gold (TSG) surprised investors by offering to pay a special dividend, amounting to $5.5m, prompting its stock to gain 11.7%.
Oil production company Nighthawk (HAWK) fell 13.3% on a downbeat update that revealed lower gross monthly production throughout 2016, compared to the prior year.
Owner of webuyanycar.com BCA Marketplace (BCA) pleased the market by delivering increased earnings per share of 26%, which beat expectations.
Shares in gaming tech firm Playtech (PTEC) struggled after major shareholder Brickington Trading sold 12% of its stake.
Anglesey Mining (AYM) raised approximately £310,000 to development its Parys Mountain zinc-copper-lead deposit in North Wales.
Story provided by StockMarketWire.com
