NatWest Group (NYSE:NWG) Upgraded to Neutral at Exane BNP Paribas


Share on StockTwits

NatWest Group (NYSE:NWG) was upgraded by stock analysts at Exane BNP Paribas from an “underperform” rating to a “neutral” rating in a report issued on Tuesday, The Fly reports.

A number of other brokerages also recently weighed in on NWG. Royal Bank of Canada reiterated a “sector perform” rating on shares of NatWest Group in a report on Thursday, November 5th. UBS Group cut shares of NatWest Group from a “buy” rating to a “neutral” rating in a report on Thursday, January 7th. Barclays restated an “equal weight” rating on shares of NatWest Group in a research report on Tuesday, January 12th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of NatWest Group in a research report on Wednesday, December 2nd. Finally, Societe Generale reissued a “buy” rating on shares of NatWest Group in a report on Monday. One analyst has rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $89.13.

NYSE NWG traded up $0.13 on Tuesday, hitting $5.21. 108,712 shares of the stock traded hands, compared to its average volume of 1,316,147. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.24. The stock has a 50-day moving average of $4.44 and a 200 day moving average of $3.69. NatWest Group has a twelve month low of $2.34 and a twelve month high of $5.15. The company has a market capitalization of $31.59 billion, a P/E ratio of 30.59 and a beta of 1.54.

A number of large investors have recently modified their holdings of the stock. Northern Trust Corp boosted its stake in NatWest Group by 4.9% during the 4th quarter. Northern Trust Corp now owns 3,363,628 shares of the company’s stock valued at $15,203,000 after purchasing an additional 157,949 shares during the period. Jane Street Group LLC boosted its position in shares of NatWest Group by 33.3% during the fourth quarter. Jane Street Group LLC now owns 1,299,775 shares of the company’s stock worth $5,875,000 after buying an additional 324,774 shares during the period. Aperio Group LLC grew its holdings in NatWest Group by 6.2% in the 4th quarter. Aperio Group LLC now owns 872,275 shares of the company’s stock worth $3,943,000 after buying an additional 50,921 shares in the last quarter. Sanders Capital LLC acquired a new stake in NatWest Group in the 3rd quarter valued at approximately $974,000. Finally, Comerica Bank raised its stake in NatWest Group by 5.0% during the 4th quarter. Comerica Bank now owns 327,045 shares of the company’s stock valued at $1,370,000 after acquiring an additional 15,717 shares in the last quarter. Hedge funds and other institutional investors own 0.38% of the company’s stock.

About NatWest Group

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, the United States, Europe, and internationally. The company's UK Personal Banking segment offers a range of banking products and related financial services to the personal and premier segments in the United Kingdom.

Further Reading: How to Calculate Compound Annual Growth Rate (CAGR)

The Fly

Analyst Recommendations for NatWest Group (NYSE:NWG)

Receive News & Ratings for NatWest Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NatWest Group and related companies with MarketBeat.com's FREE daily email newsletter.