NatWest Group PLC (OTCMKTS:RBSPF – Get Free Report) shares gapped up before the market opened on Wednesday. The stock had previously closed at $8.5150, but opened at $9.21. NatWest Group shares last traded at $8.6550, with a volume of 1,952 shares.
Analysts Set New Price Targets
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 equities research analyst has rated the stock with a Buy rating. According to data from MarketBeat, NatWest Group has an average rating of “Buy”.
Read Our Latest Research Report on NatWest Group
NatWest Group Stock Down 9.5%
The firm’s 50 day simple moving average is $8.96 and its two-hundred day simple moving average is $8.52. The company has a current ratio of 1.03, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15. The firm has a market cap of $61.88 billion, a price-to-earnings ratio of 7.72 and a beta of 0.95.
NatWest Group (OTCMKTS:RBSPF – Get Free Report) last released its quarterly earnings results 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 net margin of 20.10% and a return on equity of 14.01%.
NatWest Group Company Profile
NatWest Group plc is a United Kingdom-based banking and financial services group formerly known as The Royal Bank of Scotland Group. The group serves individuals, families, businesses and institutions through brands including NatWest, Royal Bank of Scotland and Ulster Bank in Northern Ireland.
Its personal banking activities include current and savings accounts, mortgages, credit cards, personal loans, insurance and digital banking services. NatWest also provides private banking and wealth management services, while its business and commercial banking operations offer lending, payments, cash management, trade finance and other financial services to small businesses, mid-sized companies, large corporations and institutional clients.
NatWest Group primarily serves customers in the United Kingdom, with operations and services focused on the country’s retail, commercial and institutional banking markets.
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