NatWest Group (NYSE:NWG) Stock Rating Reaffirmed by Morgan Stanley

Morgan Stanley reissued their overweight rating on shares of NatWest Group (NYSE:NWG) in a research note published on Monday, The Fly reports.

A number of other equities research analysts have also recently weighed in on NWG. Barclays reiterated an equal weight rating on shares of NatWest Group in a research report on Wednesday, March 31st. Societe Generale reissued a buy rating on shares of NatWest Group in a research report on Monday, February 22nd. Credit Suisse Group restated an outperform rating on shares of NatWest Group in a research report on Friday, April 30th. BNP Paribas raised NatWest Group from an underperform rating to a neutral rating in a research note on Monday, March 1st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a hold rating on shares of NatWest Group in a research report on Monday, April 12th. Seven investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus price target of $3.25.

NYSE:NWG opened at $5.78 on Monday. The company has a 50-day moving average price of $5.58. The firm has a market cap of $34.03 billion, a price-to-earnings ratio of -82.57 and a beta of 1.54. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.19. NatWest Group has a 1-year low of $2.34 and a 1-year high of $6.01.

NatWest Group (NYSE:NWG) last posted its earnings results on Thursday, April 29th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.06. NatWest Group had a positive return on equity of 3.76% and a negative net margin of 2.75%.

Institutional investors have recently modified their holdings of the stock. Signaturefd LLC grew its holdings in NatWest Group by 9.2% during the 4th quarter. Signaturefd LLC now owns 26,827 shares of the company’s stock worth $121,000 after acquiring an additional 2,271 shares in the last quarter. Advisor Partners LLC lifted its position in shares of NatWest Group by 26.1% during the 1st quarter. Advisor Partners LLC now owns 18,782 shares of the company’s stock worth $101,000 after purchasing an additional 3,883 shares during the last quarter. US Bancorp DE grew its stake in shares of NatWest Group by 20.6% during the first quarter. US Bancorp DE now owns 26,766 shares of the company’s stock worth $143,000 after purchasing an additional 4,567 shares in the last quarter. Fifth Third Bancorp purchased a new position in NatWest Group in the first quarter valued at $29,000. Finally, O Shaughnessy Asset Management LLC lifted its holdings in NatWest Group by 6.6% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 105,108 shares of the company’s stock worth $564,000 after buying an additional 6,469 shares during the last quarter. Institutional investors own 0.48% 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. It operates through Retail Banking, Ulster Bank RoI, Commercial Banking, Private Banking, RBS International, and NatWest Markets segments.

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