NatWest Group (RBSPF) Projected to Post Quarterly Earnings on Friday

NatWest Group (OTCMKTS:RBSPF) will likely be releasing its resultson Friday, July 31st. Analysts expect NatWest Group to post earnings of $0.2287 per share and revenue of $5.8260 billion for the quarter.

NatWest Group Stock Down 6.5%

Shares of RBSPF opened at $8.55 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.04. NatWest Group has a one year low of $6.61 and a one year high of $9.71. The stock has a market capitalization of $68.53 billion, a price-to-earnings ratio of 9.19 and a beta of 0.98. The stock has a 50 day moving average price of $8.39 and a 200 day moving average price of $8.25.

Analyst Upgrades and Downgrades

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

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.