Alert: Positive Investment/Fundamental Signals (5/3/24)-NatWest Group plc (NYSE: NWG)

out_logo_500#61548.jpg

Significant positive changes in NatWest Group plc (NYSE: NWG) fundamentals have recently occurred: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

NatWest Group plc (NYSE: NWG). Important positive changes in investment behavior have recently occurred: positive upside/downside volume developed.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

out_mm#61548.jpg

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, NWG is expected to continue to be a Value Builder.

NatWest Group plc has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. NatWest Group plc has a good Power Rating of 80 and a very high Appreciation Score of 98, triggering the Highest Value Trend Rating.

Recent Price Action

NatWest Group plc (NYSE: NWG) stock rose modestly by 0.5% on 5/3/24. The stock closed at $7.78. However, this advance was accompanied by below average trading volume at 79% of normal. The stock has been strong relative to the market over the last nine months and has risen 5.4% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*