NatWest Group PLC (OTCMKTS:RBSPF – Get Free Report)’s share price gapped up before the market opened on Thursday. The stock had previously closed at $8.63, but opened at $8.99. NatWest Group shares last traded at $8.99, with a volume of 162 shares traded.
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 note on Friday, July 17th. One investment analyst has rated the stock with a Buy rating. According to MarketBeat, NatWest Group has a consensus rating of “Buy”.
Get Our Latest Stock Report on NatWest Group
NatWest Group Price Performance
NatWest Group (OTCMKTS:RBSPF – Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. The company had revenue of $5.97 billion for the quarter, compared to the consensus estimate of $5.83 billion. NatWest Group had a net margin of 20.10% and a return on equity of 14.01%.
About NatWest Group
NatWest Group plc is a United Kingdom-based banking and financial services company headquartered in Edinburgh, Scotland. The group provides banking, lending, savings, payments and investment-related services to individuals, families, businesses and institutional customers.
Its principal brands include NatWest, Royal Bank of Scotland and Ulster Bank. Personal banking services include current accounts, mortgages, personal loans, credit cards, savings products and digital banking. The group also provides private banking and wealth management services, along with financing, cash management, risk management and other banking solutions for small and medium-sized businesses, larger companies and institutional clients.
The company traces its history to several long-established UK banking institutions and operated as The Royal Bank of Scotland Group before adopting the NatWest Group name in 2020.
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