why NatWest Group Plc ADR [NWG] is a Good Choice for Investors After New Price Target of $9.85

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NatWest Group Plc ADR [NYSE: NWG] slipped around -0.01 points on Thursday, while shares priced at $8.82 at the close of the session, down -0.11%.

Compared to the average trading volume of 2.99M shares, NWG reached a trading volume of 2599154 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus say about NatWest Group Plc ADR [NWG]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NWG shares is $9.85 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NWG stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Kepler have made an estimate for NatWest Group Plc ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 05, 2024. The new note on the price target was released on November 17, 2023, representing the official price target for NatWest Group Plc ADR stock.

The Average True Range (ATR) for NatWest Group Plc ADR is set at 0.23, with the Price to Sales ratio for NWG stock in the period of the last 12 months amounting to 1.04. The Price to Book ratio for the last quarter was 0.88.

How has NWG stock performed recently?

NatWest Group Plc ADR [NWG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.43. With this latest performance, NWG shares dropped by -0.68% in over the last four-week period, additionally plugging by 33.03% over the last 6 months – not to mention a rise of 51.03% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NWG stock in for the last two-week period is set at 47.76, with the RSI for the last a single of trading hit 46.12, and the three-weeks RSI is set at 49.39 for NatWest Group Plc ADR [NWG]. The present Moving Average for the last 50 days of trading for this stock 8.86, while it was recorded at 8.77 for the last single week of trading, and 7.22 for the last 200 days.

NatWest Group Plc ADR [NWG]: Deeper insight into the fundamentals

NatWest Group Plc ADR’s liquidity data is similarly interesting compelling, with a Current Ratio set at 2.37.

Earnings analysis for NatWest Group Plc ADR [NWG]

With the latest financial reports released by the company, NatWest Group Plc ADR posted 0.38/share EPS, while the average EPS was predicted by analysts to be reported at 0.2/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.18. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NWG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for NatWest Group Plc ADR go to 0.06%.

Insider trade positions for NatWest Group Plc ADR [NWG]

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