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NatWest Group ( (GB:NWG) ) has shared an update.
NatWest Group plc has announced the repurchase of 777,379 ordinary shares as part of its ongoing share buyback program, with the intention to cancel these shares. This move is part of a strategic effort to manage the company’s capital structure and enhance shareholder value, reflecting a commitment to returning capital to shareholders.
The most recent analyst rating on (GB:NWG) stock is a Hold with a £725.00 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 Outperform.
NatWest Group’s overall stock score is driven by strong earnings call performance and favorable valuation metrics. The company’s stable financial position and positive technical indicators further support the score, despite some challenges in cash flow management.
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 organization based in the United Kingdom. It offers a wide range of services including personal and business banking, wealth management, and insurance. The company primarily focuses on the UK market, serving millions of customers with its comprehensive financial products.
Average Trading Volume: 21,539,467
Technical Sentiment Signal: Buy
Current Market Cap: £45.89B
Learn more about NWG stock on TipRanks’ Stock Analysis page.