NatWest Group plc (NYSE: NWG) is 2.94% higher on its value in year-to-date trading and has touched a low of $4.70 and a high of $7.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NWG stock was last observed hovering at around $6.64 in the last trading session, with the day’s gains setting it 0.01% off its average median price target of $8.92 for the next 12 months. It is also 48.13% off the consensus price target high of $12.82 offered by 22 analysts, but current levels are 10.14% higher than the price target low of $7.40 for the same period.
Currently trading at $6.65, the stock is 0.42% and 0.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.81 million and changing 0.15% at the moment leaves the stock 3.69% off its SMA200. NWG registered 19.28% gain for a year compared to 6-month gain of 8.48%.
Unlock the Hottest Top 10 Penny Stocks Today! Discover Now
Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.
Gain Access to Top 10 Penny Stocks Now!.
The stock witnessed a -2.64% loss in the last 1 month and extending the period to 3 months gives it a -2.78%, and is -0.45% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.09% over the week and 1.57% over the month.
NatWest Group plc (NWG) has around 61800 employees, a market worth around $31.18B and $18.23B in sales. Current P/E ratio is 6.47. Profit margin for the company is 25.70%. Distance from 52-week low is 41.34% and -14.69% from its 52-week high. The company has generated returns on investments over the last 12 months (6.10%).
NatWest Group plc (NWG) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for NatWest Group plc (NWG) is a “Overweight”. 22 analysts offering their recommendations for the stock have an average rating of 1.00, where 6 rate it as a Hold and 0 think it is a “Overweight”. 15 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
NatWest Group plc is expected to release its quarterly report on 07/28/2023.The EPS is expected to grow by 47.00% this year
NatWest Group plc (NWG) Top Institutional Holders
The shares outstanding are 4.84B, and float is at 2.03B with Short Float at 0.14%.