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NatWest Group ( (GB:NWG) ) has issued an announcement.
NatWest Group plc announced the purchase of 25,850 ordinary shares as part of its ongoing share buyback program. The repurchased shares will be canceled, impacting the company’s share capital structure by increasing the number of shares held in treasury to 230,977,670, while the total shares in issue will be 8,040,870,306, excluding treasury shares.
The most recent analyst rating on (GB:NWG) stock is a Hold with a £570.00 price target. To see the full list of analyst forecasts on NatWest Group stock, see the GB:NWG Stock Forecast page.
Spark’s Take on GB:NWG Stock
According to Spark, TipRanks’ AI Analyst, GB:NWG is a Neutral.
NatWest Group’s strong earnings call and attractive valuation are significant positives, indicating robust financial health and strategic progress. However, technical analysis shows mixed signals, and cash flow volatility remains a concern.
To see Spark’s full report on GB:NWG stock, click here.
More about NatWest Group
NatWest Group plc is a major banking and financial services company based in the United Kingdom. It offers a wide range of services including personal and business banking, mortgages, and investment services, focusing on both individual and corporate clients.
Average Trading Volume: 23,495,468
Technical Sentiment Signal: Buy
Current Market Cap: £42.3B
For an in-depth examination of NWG stock, go to TipRanks’ Overview page.