NatWest Group plc (NYSE:NWG) Receives Average Rating of “Moderate Buy” from Analysts

NatWest Group plc (NYSE:NWGGet Rating) has received a consensus recommendation of “Moderate Buy” from the fifteen research firms that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $353.08.

NWG has been the subject of several research reports. Keefe, Bruyette & Woods downgraded NatWest Group from an “outperform” rating to a “market perform” rating in a research report on Wednesday, October 19th. Berenberg Bank lifted their price objective on NatWest Group from GBX 350 ($4.33) to GBX 380 ($4.70) in a research report on Tuesday, January 17th. Barclays cut their price objective on NatWest Group from GBX 400 ($4.95) to GBX 370 ($4.58) in a research report on Thursday, October 20th. Royal Bank of Canada downgraded NatWest Group from an “outperform” rating to a “sector perform” rating in a research report on Friday, November 25th. Finally, BNP Paribas downgraded NatWest Group from an “outperform” rating to a “neutral” rating in a research report on Friday, October 14th.

Institutional Trading of NatWest Group

A number of institutional investors and hedge funds have recently made changes to their positions in NWG. Natixis Advisors L.P. increased its holdings in shares of NatWest Group by 4,622.6% during the 2nd quarter. Natixis Advisors L.P. now owns 2,086,856 shares of the company’s stock worth $11,373,000 after buying an additional 2,042,667 shares during the last quarter. Crossmark Global Holdings Inc. increased its holdings in shares of NatWest Group by 893.3% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 1,744,075 shares of the company’s stock worth $8,703,000 after buying an additional 1,568,497 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of NatWest Group by 19.1% during the 2nd quarter. Goldman Sachs Group Inc. now owns 5,175,543 shares of the company’s stock worth $28,206,000 after buying an additional 831,101 shares during the last quarter. O Shaughnessy Asset Management LLC increased its holdings in shares of NatWest Group by 64.8% during the 2nd quarter. O Shaughnessy Asset Management LLC now owns 1,565,738 shares of the company’s stock worth $8,533,000 after buying an additional 615,906 shares during the last quarter. Finally, FMR LLC increased its holdings in NatWest Group by 35.1% in the 2nd quarter. FMR LLC now owns 2,221,524 shares of the company’s stock valued at $12,107,000 after purchasing an additional 576,589 shares in the last quarter. 0.88% of the stock is currently owned by institutional investors and hedge funds.

NatWest Group Price Performance

Shares of NYSE:NWG opened at $7.43 on Friday. The business’s 50 day simple moving average is $6.56 and its 200-day simple moving average is $6.13. The firm has a market capitalization of $35.93 billion, a price-to-earnings ratio of 11.75, a price-to-earnings-growth ratio of 0.20 and a beta of 1.26. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.06 and a quick ratio of 1.06. NatWest Group has a 12 month low of $4.70 and a 12 month high of $7.53.

NatWest Group (NYSE:NWGGet Rating) last announced its quarterly earnings results on Friday, October 28th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.15). The firm had revenue of $3.80 billion for the quarter, compared to analysts’ expectations of $3.55 billion. NatWest Group had a return on equity of 6.75% and a net margin of 18.05%. As a group, equities analysts forecast that NatWest Group will post 0.92 earnings per share for the current fiscal year.

NatWest Group Company Profile

(Get Rating)

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Commercial Banking, Private Banking, RBS International, and NatWest Markets segments.

Further Reading

Analyst Recommendations for NatWest Group (NYSE:NWG)

Receive News & Ratings for NatWest Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NatWest Group and related companies with MarketBeat.com's FREE daily email newsletter.