NatWest Group (OTCMKTS:RBSPF) Shares Gap Down – Should You Sell?

NatWest Group PLC (OTCMKTS:RBSPF) gapped down before the market opened on Wednesday. The stock had previously closed at $8.0450, but opened at $7.75. NatWest Group shares last traded at $7.74, with a volume of 752 shares trading hands.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods raised shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a report on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating. According to MarketBeat, NatWest Group currently has an average rating of “Buy”.

NatWest Group Price Performance

The firm has a 50-day simple moving average of $8.71 and a two-hundred day simple moving average of $8.48. The company has a market capitalization of $63.20 billion, a price-to-earnings ratio of 7.91 and a beta of 1.00. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.13.

NatWest Group (OTCMKTS:RBSPF) last issued its quarterly earnings data on Friday, October 30th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.01. NatWest Group had a return on equity of 13.75% and a net margin of 19.61%. The business had revenue of $6.15 billion during the quarter, compared to analysts’ expectations of $6.17 billion.

NatWest Group Company Profile

NatWest Group plc is a UK-based banking and financial services group serving individuals, businesses and institutions. Its activities include personal and business banking, commercial and corporate banking, private banking and wealth management, with services such as current and savings accounts, mortgages, lending, payments and cash management. The group operates through well-known brands including NatWest, Royal Bank of Scotland, Ulster Bank in Northern Ireland and Coutts. Its main market is the United Kingdom, where it provides financial services through digital channels and a network of branches and relationship teams.