NatWest Group plc (NYSE:NWG) Receives Average Recommendation of "Buy" from Analysts

Shares of NatWest Group plc (NYSE:NWG - Get Free Report) have received a consensus rating of "Buy" from the six analysts that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company.

NWG has been the topic of several recent research reports. Peel Hunt cut shares of NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a research note on Thursday, March 6th. BNP Paribas cut shares of NatWest Group from an "outperform" rating to a "neutral" rating in a research note on Tuesday, March 4th. Finally, Citigroup reiterated a "buy" rating on shares of NatWest Group in a research note on Monday, April 28th.

Institutional Investors Weigh In On NatWest Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NWG. Bessemer Group Inc. raised its stake in NatWest Group by 374.5% during the 1st quarter. Bessemer Group Inc. now owns 2,102 shares of the company's stock worth $25,000 after acquiring an additional 1,659 shares during the period. Whipplewood Advisors LLC bought a new stake in NatWest Group during the 4th quarter worth approximately $27,000. First Horizon Advisors Inc. grew its holdings in NatWest Group by 161.4% during the 4th quarter. First Horizon Advisors Inc. now owns 2,894 shares of the company's stock valued at $29,000 after buying an additional 1,787 shares in the last quarter. Zions Bancorporation National Association UT purchased a new stake in NatWest Group during the 1st quarter valued at approximately $29,000. Finally, Pinnacle Bancorp Inc. purchased a new stake in NatWest Group during the 1st quarter valued at approximately $30,000. Institutional investors own 1.27% of the company's stock.

NatWest Group Stock Up 1.4%

NatWest Group stock traded up $0.19 during mid-day trading on Thursday, reaching $14.17. The stock had a trading volume of 3,288,369 shares, compared to its average volume of 3,786,240. The company has a market capitalization of $57.07 billion, a price-to-earnings ratio of 10.42, a PEG ratio of 0.85 and a beta of 1.04. The company has a 50-day moving average price of $13.08 and a two-hundred day moving average price of $11.67. NatWest Group has a one year low of $7.81 and a one year high of $14.55. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.06 and a quick ratio of 1.06.

NatWest Group (NYSE:NWG - Get Free Report) last announced its quarterly earnings results on Friday, May 2nd. The company reported $0.39 EPS for the quarter, topping analysts' consensus estimates of $0.34 by $0.05. The company had revenue of $5.30 billion during the quarter, compared to the consensus estimate of $3.80 billion. On average, analysts expect that NatWest Group will post 1.35 EPS for the current fiscal year.

NatWest Group Company Profile

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Private Banking, and Commercial & Institutional segments.