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NWG:NYSENatWest Group plc Analysis

Data as of 2026-04-21 - not real-time

$16.32

Latest Price

6/10Risk

Risk Level: Medium

Executive Summary

NatWest Group (NWG) appears attractively priced with a price‑to‑earnings multiple well below the sector average and a dividend yield comfortably above five percent, suggesting a strong income component. The stock trades above its short‑, medium‑, and long‑term moving averages, and the MACD histogram is positive, indicating bullish momentum, while the RSI sits in a neutral zone.
Recent news adds to the upside: UBS highlighted the bank as a top pick in European banking, analysts have upgraded the rating to neutral with higher price targets, and the strategic hire to launch a venture‑banking unit signals potential growth in high‑margin segments.

Market Outlook

Short Term

< 1 year
Positive
Model confidence: 7/10

Key Factors

  • Bullish MACD and price above key moving averages
  • High dividend yield with a modest payout ratio
  • Analyst upgrades and positive coverage from UBS

Medium Term

1–3 years
Positive
Model confidence: 8/10

Key Factors

  • Revenue growth and strong operating margins
  • Strategic expansion into venture‑banking and recent acquisition synergies
  • Valuation gap relative to industry peers

Long Term

> 3 years
Positive
Model confidence: 8/10

Key Factors

  • Sustainable dividend supported by solid balance‑sheet liquidity
  • Blend of value pricing and growth initiatives
  • Resilient UK banking franchise despite macro headwinds

Key Metrics & Analysis

Financial Health

Revenue Growth11.40%
Profit Margin36.51%
P/E Ratio9.0
ROE14.23%
ROA0.82%
P/B Ratio1.3
Op. Cash Flow$-12416000000
Industry P/E17.7

Technical Analysis

TrendNeutral
RSI53.8
Support$14.07
Resistance$17.19
MA 20$15.74
MA 50$15.92
MA 200$15.59
MACDBullish
VolumeDecreasing
Fear & Greed Index86.82

Valuation

Target Price$19.24
Upside/Downside17.95%
GradeUndervalued
TypeBlend
Dividend Yield5.30%

Risk Assessment

Beta1.12
Volatility43.60%
Sector RiskMedium
Reg. RiskMedium
Geo RiskMedium
Currency RiskMedium
Liquidity RiskMedium

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.