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

Shares of NatWest Group plc (NYSE:NWG - Get Free Report) have been given an average rating of "Buy" by the five ratings firms that are currently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company.

NWG has been the subject of several research reports. Keefe, Bruyette & Woods upgraded shares of NatWest Group from a "hold" rating to a "moderate buy" rating in a research report on Monday, November 4th. Kepler Capital Markets began coverage on NatWest Group in a report on Thursday, September 5th. They set a "buy" rating for the company. Jefferies Financial Group upgraded NatWest Group from an "underperform" rating to a "buy" rating in a research note on Tuesday, October 15th. UBS Group upgraded NatWest Group to a "strong-buy" rating in a research report on Tuesday, July 30th. Finally, The Goldman Sachs Group started coverage on shares of NatWest Group in a research report on Friday, October 4th. They issued a "buy" rating for the company.

NatWest Group Stock Performance

NYSE:NWG traded down $0.06 on Friday, hitting $9.98. The company's stock had a trading volume of 1,930,974 shares, compared to its average volume of 2,227,226. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.17. NatWest Group has a one year low of $4.79 and a one year high of $10.24. The stock has a fifty day moving average of $9.31 and a two-hundred day moving average of $8.72. The firm has a market capitalization of $41.44 billion, a P/E ratio of 7.56 and a beta of 1.32.

Institutional Trading of NatWest Group

A number of hedge funds have recently made changes to their positions in NWG. Bruce G. Allen Investments LLC increased its holdings in NatWest Group by 285.3% in the third quarter. Bruce G. Allen Investments LLC now owns 2,813 shares of the company's stock valued at $26,000 after purchasing an additional 2,083 shares during the period. Hexagon Capital Partners LLC grew its position in shares of NatWest Group by 134.5% in the 3rd quarter. Hexagon Capital Partners LLC now owns 3,452 shares of the company's stock valued at $32,000 after buying an additional 1,980 shares during the last quarter. SageView Advisory Group LLC acquired a new stake in shares of NatWest Group in the first quarter valued at about $27,000. EverSource Wealth Advisors LLC raised its position in shares of NatWest Group by 45.7% during the second quarter. EverSource Wealth Advisors LLC now owns 4,013 shares of the company's stock worth $32,000 after acquiring an additional 1,259 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in shares of NatWest Group by 65.7% in the second quarter. GAMMA Investing LLC now owns 4,566 shares of the company's stock worth $37,000 after acquiring an additional 1,810 shares during the period. 1.27% of the stock is owned by institutional investors and hedge funds.

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.