NatWest Group plc (NYSE:NWG) Receives Consensus Rating of “Hold” from Analysts

NatWest Group plc (NYSE:NWG) has earned a consensus recommendation of “Hold” from the five research firms that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, two have issued a buy rating and one has given a strong buy rating to the company.

NWG has been the subject of a number of recent research reports. BNP Paribas Exane lowered NatWest Group from a “neutral” rating to an “underperform” rating in a research note on Friday, September 5th. Zacks Research upgraded NatWest Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday. BNP Paribas lowered NatWest Group from a “hold” rating to a “strong sell” rating in a research note on Friday, September 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of NatWest Group in a research note on Wednesday, October 8th.

NatWest Group Stock Performance

Shares of NYSE:NWG opened at $15.46 on Monday. The firm has a market capitalization of $62.15 billion, a PE ratio of 8.99, a P/E/G ratio of 0.66 and a beta of 1.05. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.05 and a quick ratio of 1.06. The business has a 50-day moving average of $14.49 and a two-hundred day moving average of $14.03. NatWest Group has a 12 month low of $9.16 and a 12 month high of $15.69.

NatWest Group (NYSE:NWG) last announced its quarterly earnings results on Friday, October 24th. The company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.50 by $0.03. The company had revenue of $5.76 billion during the quarter, compared to analyst estimates of $5.63 billion. NatWest Group had a return on equity of 12.77% and a net margin of 18.18%. As a group, research analysts forecast that NatWest Group will post 1.35 earnings per share for the current year.

Institutional Investors Weigh In On NatWest Group

Large investors have recently modified their holdings of the stock. Salomon & Ludwin LLC grew its stake in shares of NatWest Group by 2,941.7% in the third quarter. Salomon & Ludwin LLC now owns 1,825 shares of the company’s stock valued at $27,000 after buying an additional 1,765 shares in the last quarter. Dogwood Wealth Management LLC acquired a new stake in shares of NatWest Group in the second quarter valued at about $26,000. Zions Bancorporation National Association UT purchased a new position in NatWest Group in the first quarter valued at about $29,000. Wayfinding Financial LLC purchased a new position in NatWest Group in the first quarter valued at about $39,000. Finally, True Wealth Design LLC purchased a new position in NatWest Group in the third quarter valued at about $49,000. Institutional investors and hedge funds own 1.27% of the company’s stock.

About NatWest Group

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, Private Banking, and Commercial & Institutional segments.