NatWest Group plc (NYSE:NWG) Given Average Recommendation of "Buy" by Analysts

NatWest Group plc (NYSE:NWG - Get Free Report) has been given a consensus rating of "Buy" by the six ratings firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company.

Several analysts have commented on NWG shares. Citigroup reiterated a "buy" rating on shares of NatWest Group in a research report on Monday, April 28th. BNP Paribas downgraded NatWest Group from an "outperform" rating to a "neutral" rating in a report on Tuesday, March 4th. Finally, Peel Hunt lowered NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a research note on Thursday, March 6th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NWG. Bessemer Group Inc. raised its position in shares of NatWest Group by 374.5% during the first quarter. Bessemer Group Inc. now owns 2,102 shares of the company's stock worth $25,000 after purchasing an additional 1,659 shares during the period. Zions Bancorporation National Association UT acquired a new stake in NatWest Group during the 1st quarter worth approximately $29,000. Pinnacle Bancorp Inc. bought a new position in NatWest Group in the first quarter valued at approximately $30,000. Whipplewood Advisors LLC acquired a new position in shares of NatWest Group in the fourth quarter valued at approximately $27,000. Finally, First Horizon Advisors Inc. increased its position in shares of NatWest Group by 161.4% during the fourth quarter. First Horizon Advisors Inc. now owns 2,894 shares of the company's stock worth $29,000 after acquiring an additional 1,787 shares in the last quarter. 1.27% of the stock is currently owned by institutional investors.

NatWest Group Trading Up 1.0%

Shares of NWG stock traded up $0.15 on Friday, reaching $14.29. 2,519,420 shares of the stock were exchanged, compared to its average volume of 3,606,601. 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 has a one year low of $7.80 and a one year high of $14.36. The stock has a market cap of $57.53 billion, a PE ratio of 10.49, a P/E/G ratio of 0.85 and a beta of 1.01. The stock has a 50 day moving average price of $12.43 and a 200 day moving average price of $11.26.

NatWest Group (NYSE:NWG - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.05. The firm had revenue of $5.30 billion for the quarter, compared to the consensus estimate of $3.80 billion. Equities research analysts forecast 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.