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NatWest Group ( (GB:NWG) ) has provided an update.
NatWest Group plc has executed a share buyback transaction, purchasing over 1.13 million ordinary shares at a volume-weighted average price of 544.01 GBp per share. This move is part of the company’s ongoing share buyback program, with the intention to cancel the repurchased shares, thereby potentially enhancing shareholder value and adjusting the company’s capital structure.
The most recent analyst rating on (GB:NWG) stock is a Hold with a £650.00 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 operates in the financial services industry, primarily offering banking and financial products. The company focuses on serving individual consumers, small and medium-sized enterprises, and large corporations, with a strong presence in the UK market.
Average Trading Volume: 22,124,186
Technical Sentiment Signal: Buy
Current Market Cap: £44.17B
See more data about NWG stock on TipRanks’ Stock Analysis page.