Shares of NatWest Group plc (NYSE:NWG - Get Free Report) hit a new 52-week high on Friday . The stock traded as high as $10.35 and last traded at $10.35, with a volume of 613680 shares trading hands. The stock had previously closed at $10.03.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on the stock. Jefferies Financial Group upgraded shares of NatWest Group from an "underperform" rating to a "buy" rating in a research report on Tuesday, October 15th. Keefe, Bruyette & Woods upgraded shares of NatWest Group from a "hold" rating to a "moderate buy" rating in a report on Monday, November 4th. Kepler Capital Markets started coverage on shares of NatWest Group in a research note on Thursday, September 5th. They set a "buy" rating for the company. Finally, The Goldman Sachs Group began coverage on shares of NatWest Group in a research report on Friday, October 4th. They issued a "buy" rating on the stock. Three equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Buy".
View Our Latest Stock Analysis on NWG
NatWest Group Stock Performance
The company has a debt-to-equity ratio of 0.17, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market capitalization of $42.94 billion, a PE ratio of 7.83 and a beta of 1.32. The firm has a fifty day moving average price of $9.64 and a 200 day moving average price of $8.97.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in NWG. Raymond James Trust N.A. boosted its position in NatWest Group by 3.0% during the 3rd quarter. Raymond James Trust N.A. now owns 35,878 shares of the company's stock worth $336,000 after acquiring an additional 1,039 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in shares of NatWest Group by 4.4% during the second quarter. Sequoia Financial Advisors LLC now owns 29,328 shares of the company's stock worth $236,000 after purchasing an additional 1,230 shares during the period. EverSource Wealth Advisors LLC grew its position in NatWest Group by 45.7% during the second quarter. EverSource Wealth Advisors LLC now owns 4,013 shares of the company's stock valued at $32,000 after purchasing an additional 1,259 shares in the last quarter. Private Trust Co. NA increased its stake in NatWest Group by 121.3% in the 3rd quarter. Private Trust Co. NA now owns 2,735 shares of the company's stock valued at $26,000 after buying an additional 1,499 shares during the period. Finally, Rehmann Capital Advisory Group lifted its position in NatWest Group by 2.8% in the 3rd quarter. Rehmann Capital Advisory Group now owns 62,994 shares of the company's stock worth $590,000 after buying an additional 1,709 shares in the last quarter. 1.27% of the stock is owned by hedge funds and other institutional investors.
About NatWest Group
(
Get Free Report)
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.
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