NatWest Group PLC

NatWest Group PLC (NWG) Stock Analysis

$17.510

+0.040 (+0.23%)At close

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High
17.825
Open
17.670
VWAP
17.60
Volume
4.46M
Mkt Cap
33.76B
Low
17.470
Amount
78.53M
EV/EBITDA, TTM
6.04

NatWest Group plc is a United Kingdom-based banking company. The Company serves customers in England and Wales, supporting them with their personal, private, and business banking needs. It also offers businesses specialist sector knowledge in areas such as sustainable energy, commercial property and technology, as well as access to specialist entrepreneurial support. Its segments include Retail Banking, Private Banking, Commercial & Institutional, and Central items & other. The Retail Banking segment serves personal customers in the United Kingdom, including Ulster Bank customers in Northern Ireland. The Private Banking segment serves United Kingdom-connected high-net-worth individuals and their business interests. The Commercial & Institutional segment consists of customer businesses reported under business banking, commercial mid-market and corporate & institutions, supporting its customers across the full non-personal customer lifecycle, both domestically and internationally.

AI analysis of NatWest Group PLC (NWG)

Hold

NatWest Group plc is currently a hold. The stock is priced at 17.51, with a forward P/E ratio of 8.52, indicating potential value. However, the recent news of a proposed tax hike that could cut bank earnings by 6% poses a significant risk. Additionally, the RSI is at 47.31, suggesting it is neither overbought nor oversold, indicating a wait-and-see approach is prudent at this time.

Valuation Metrics

The current forward P/E ratio for NatWest Group PLC (NWG) is 8.52, compared to its 5-year average forward P/E of 6.14.

Forward P/E

Fair
5Y Average P/E
6.14
Current P/E
8.52
Overvalued
8.92
Undervalued
3.36

Forward EV/EBITDA

Overvalued
5Y Average EV/EBITDA
0.90
Current EV/EBITDA
6.04
Overvalued
3.71
Undervalued
-1.91

Forward P/S

Overvalued
5Y Average P/S
2.20
Current P/S
3.52
Overvalued
2.89
Undervalued
1.51

Alphio AI Price Scenarios for NWG

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%NWG

$21.36

Scenario price

B

Base

Base · 50%NWG

$17.95

Scenario price

B

Bear

Bear · 25%NWG

$15.06

Scenario price

Whales holding NWG

R

RWC Partners Limited

+ HoldingNWG

+8.80%

3M Return

C

Cbus Industry Superannuation Fund

+ HoldingNWG

+6.73%

3M Return

S

SAFE Investment Company Limited

+ HoldingNWG

+6.60%

3M Return

B

Bank J. Safra Sarasin AG

+ HoldingNWG

+6.56%

3M Return

L

LGT Capital Partners (FL) Ltd.

+ HoldingNWG

+5.80%

3M Return

B

Barclays Investment Solutions Ltd.

+ HoldingNWG

+5.30%

3M Return

Events Timeline

2026-07-31 (ET)

09:00:00

Stock Futures Modestly Higher, Nasdaq Futures Up 0.77%

07:00:00

Company Expects Customer Assets to Grow Over 4% by 2028

07:00:00

Capital Expects Share Buyback Announcement with FY 2026 Results

07:00:00

Company Maintains Stable Risk Cost at 19 Basis Points in H1 2026

News

NWG FAQ — answered by Alphio AI

NatWest Group plc is a United Kingdom-based banking company. The Company serves customers in England and Wales, supporting them with their personal, private, and business banking needs. It also offers businesses specialist sector knowledge in areas such as sustainable energy, commercial property and technology, as well as access to specialist entrepreneurial support. Its segments include Retail Banking, Private Banking, Commercial & Institutional, and Central items & other. The Retail Banking segment serves personal customers in the United Kingdom, including Ulster Bank customers in Northern Ireland. The Private Banking segment serves United Kingdom-connected high-net-worth individuals and their business interests. The Commercial & Institutional segment consists of customer businesses reported under business banking, commercial mid-market and corporate & institutions, supporting its customers across the full non-personal customer lifecycle, both domestically and internationally. It operates in the Financials sector (COMMERCIAL BANKS, NOT ELSEWHERE CLASSIFIED industry).

NatWest Group plc is currently a hold. The stock is priced at 17.51, with a forward P/E ratio of 8.52, indicating potential value. However, the recent news of a proposed tax hike that could cut bank earnings by 6% poses a significant risk. Additionally, the RSI is at 47.31, suggesting it is neither overbought nor oversold, indicating a wait-and-see approach is prudent at this time.

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This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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