NatWest Group (OTCMKTS:RBSPF) Stock Price Up 7.4% – Should You Buy?

NatWest Group PLC (OTCMKTS:RBSPF)’s share price was up 7.4% during trading on Monday . The stock traded as high as $9.18 and last traded at $9.18. Approximately 582 shares were traded during mid-day trading, a decline of 97% from the average session volume of 18,557 shares. The stock had previously closed at $8.55.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods raised NatWest Group from a “hold” rating to a “moderate buy” rating in a report on Friday, July 17th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy”.

NatWest Group Stock Performance

The firm’s fifty day moving average price is $8.42 and its 200 day moving average price is $8.25. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $73.06 billion, a PE ratio of 9.80 and a beta of 0.98.

NatWest Group Company Profile

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.