NatWest Group PLC (OTCMKTS:RBSPF – Get Free Report) shares gapped down prior to trading on Monday. The stock had previously closed at $8.5350, but opened at $7.96. NatWest Group shares last traded at $7.98, with a volume of 382 shares traded.
Analyst Upgrades and Downgrades
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 investment analyst has rated the stock with a Buy rating. According to MarketBeat, the stock has a consensus rating of “Buy”.
Read Our Latest Stock Report on NatWest Group
NatWest Group Stock Performance
The company has a quick ratio of 1.04, a current ratio of 1.02 and a debt-to-equity ratio of 0.13. The firm has a market cap of $62.44 billion, a P/E ratio of 7.79 and a beta of 1.00. The company’s 50 day simple moving average is $8.88 and its 200-day simple moving average is $8.51.
NatWest Group (OTCMKTS:RBSPF – Get Free Report) last released its earnings results on Friday, October 30th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.01. NatWest Group had a return on equity of 13.75% and a net margin of 19.61%. The firm had revenue of $6.15 billion for the quarter, compared to analysts’ expectations of $6.17 billion.
About NatWest Group
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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