NatWest Group (OTCMKTS:RBSPF) Reaches New 12-Month High – Time to Buy?

NatWest Group PLC (OTCMKTS:RBSPF)’s share price hit a new 52-week high on Thursday . The stock traded as high as $9.72 and last traded at $9.72, with a volume of 173 shares. The stock had previously closed at $9.6650.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods upgraded shares of NatWest Group from a “hold” rating to a “moderate buy” rating in a research note on Friday, July 17th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

NatWest Group Price Performance

The stock has a fifty day moving average of $8.72 and a 200-day moving average of $8.30. The company has a quick ratio of 1.04, a current ratio of 1.03 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $77.34 billion, a P/E ratio of 9.65 and a beta of 0.96.

NatWest Group (OTCMKTS:RBSPF) last issued its quarterly earnings data on Friday, July 31st. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. The firm had revenue of $5.97 billion for the quarter, compared to analyst estimates of $5.83 billion. NatWest Group had a net margin of 20.10% and a return on equity of 14.01%.

About NatWest Group

NatWest Group plc is a major UK-based banking and financial services company headquartered in Edinburgh, Scotland. The group traces its roots to the Royal Bank of Scotland, founded in 1727, and grew through subsequent mergers and acquisitions—most notably the acquisition of National Westminster Bank (NatWest) in 2000. In 2020 the firm adopted the NatWest Group name to align the corporate identity more closely with its primary retail brand. Over its long history the group has undergone significant restructuring and recapitalization, including interventions and reforms following the global financial crisis.

NatWest Group operates across retail, commercial, corporate and institutional banking, as well as wealth management and private banking.