NatWest Group Receives Credit Rating Upgrade from Fitch

NatWest Group ( (GB:NWG) ) just unveiled an update.

NatWest Group plc has received an upgrade in its credit ratings from Fitch Ratings, which has raised the company’s Viability Rating to ‘a+’ and its long-term Issuer Default Rating to ‘A+’ from ‘A’. The ratings for several of its subsidiaries, including NatWest Bank plc and The Royal Bank of Scotland plc, have also been upgraded, reflecting improved financial stability and performance. The outlook for all rated entities is now stable, indicating a positive impact on NatWest’s market positioning and investor confidence.

The most recent analyst rating on (GB:NWG) stock is a Buy with a £4.00 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 strong earnings performance and positive technical indicators drive its stock score. The low P/E ratio and high dividend yield suggest good valuation. While cash flow volatility and potential interest rate impacts present risks, strategic corporate actions and positive earnings call sentiment indicate robust growth potential.

To see Spark’s full report on GB:NWG stock, click here.

More about NatWest Group

NatWest Group plc is a major financial services company operating in the banking industry. It provides a range of banking and financial products and services, including personal and business banking, insurance, and wealth management. The company primarily focuses on serving customers in the UK and Ireland, with a significant presence in Europe and North America.

Average Trading Volume: 32,526,648

Technical Sentiment Signal: Buy

Current Market Cap: £40.78B

For an in-depth examination of NWG stock, go to TipRanks’ Overview page.