NatWest Group (NYSE:NWG) Upgraded at Keefe, Bruyette & Woods

NatWest Group (NYSE:NWG) was upgraded by Keefe, Bruyette & Woods from a “hold” rating to a “moderate buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Several other equities research analysts have also commented on the company. UBS Group upgraded NatWest Group to a “strong-buy” rating in a research report on Tuesday, July 30th. Jefferies Financial Group upgraded NatWest Group from an “underperform” rating to a “buy” rating in a research report on Tuesday, October 15th. Kepler Capital Markets began coverage on NatWest Group in a research report on Thursday, September 5th. They issued a “buy” rating on the stock. Finally, The Goldman Sachs Group began coverage on NatWest Group in a research report on Friday, October 4th. They issued a “buy” rating on the stock. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, NatWest Group currently has a consensus rating of “Buy”.

NatWest Group Price Performance

Shares of NYSE NWG opened at $10.05 on Monday. The business’s 50 day moving average price is $9.27 and its 200 day moving average price is $8.70. The firm has a market cap of $41.71 billion, a P/E ratio of 7.61 and a beta of 1.32. NatWest Group has a 52 week low of $4.79 and a 52 week high of $10.24. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.17.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. OneAscent Financial Services LLC acquired a new position in NatWest Group in the 3rd quarter valued at $106,000. Caprock Group LLC increased its stake in shares of NatWest Group by 9.2% in the 3rd quarter. Caprock Group LLC now owns 118,282 shares of the company’s stock worth $1,107,000 after acquiring an additional 9,999 shares during the last quarter. Baron Wealth Management LLC increased its stake in shares of NatWest Group by 56.8% in the 3rd quarter. Baron Wealth Management LLC now owns 19,365 shares of the company’s stock worth $181,000 after acquiring an additional 7,017 shares during the last quarter. Claro Advisors LLC increased its stake in shares of NatWest Group by 15.8% in the 3rd quarter. Claro Advisors LLC now owns 16,276 shares of the company’s stock worth $152,000 after acquiring an additional 2,220 shares during the last quarter. Finally, Adero Partners LLC acquired a new stake in shares of NatWest Group in the 3rd quarter worth $100,000. 1.27% of the stock is owned by institutional investors and hedge funds.

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 and internationally. It operates through Retail Banking, Private Banking, and Commercial & Institutional segments.