NatWest Group (OTCMKTS:RBSPF) Shares Gap Up – What’s Next?

NatWest Group PLC (OTCMKTS:RBSPFGet Free Report)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $8.55, but opened at $9.0150. NatWest Group shares last traded at $9.01, with a volume of 887 shares trading hands.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods upgraded shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a research report on Friday, July 17th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

View Our Latest Stock Report on NatWest Group

NatWest Group Stock Up 5.7%

The business’s 50 day moving average is $8.39 and its 200-day moving average is $8.25. The stock has a market cap of $72.46 billion, a price-to-earnings ratio of 9.72 and a beta of 0.98. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.04.

About NatWest Group

(Get Free Report)

NatWest Group plc is a major UK-based banking and financial services company headquartered in Edinburgh, Scotland. The group traces its roots to the Royal Bank of Scotland, founded in 1727, and grew through subsequent mergers and acquisitions—most notably the acquisition of National Westminster Bank (NatWest) in 2000. In 2020 the firm adopted the NatWest Group name to align the corporate identity more closely with its primary retail brand. Over its long history the group has undergone significant restructuring and recapitalization, including interventions and reforms following the global financial crisis.

NatWest Group operates across retail, commercial, corporate and institutional banking, as well as wealth management and private banking.

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