NatWest Group trades at a forward P/E of 7.7x with 37% net margins, a Piotroski F-Score of 7/9, and a perfect earnings beat streak over the last 4 quarters, but the stock has effectively reached analyst price targets and has falling on-balance volume, suggesting limited near-term upside.
Thesis pillars
- Low Forward Pe Margin Of Safety→Stable
- Strong Earnings And Margins↓Deteriorating
- Obv Distribution Signal↑Improving
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026
NatWest Group plc (NWG) Stock Analysis
Range Bound setup
Financial Services · Banks - Regional
Wait for pullback to $16.77. BUY gates pass at $17.23, but thin upside margin: 8.1% and v7 low-quality RISK_OFF penalty: -0.5 (Q=5.1) argue for a more patient entry. Engine's entry $16.77 (support + ATR (held)) is the shallowest technical level that clears the 2:1 A.R:R minimum.
NatWest Group plc, together with its subsidiaries, provides banking and financial products and services in the United Kingdom and internationally. It operates through the Retail Banking, Private Banking, and Commercial & Institutional segments. The Retail Banking segment offers... Read more
Wait for pullback to $16.77. BUY gates pass at $17.23, but thin upside margin: 8.1% and v7 low-quality RISK_OFF penalty: -0.5 (Q=5.1) argue for a more patient entry. Engine's entry $16.77 (support + ATR (held)) is the shallowest technical level that clears the 2:1 A.R:R minimum. Chart setup: RSI 51 mid-range, Bollinger mid-band. Earnings in 1 day. Wait until post-earnings. Score 6.4/10, moderate confidence.
Passes 6/7 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, semi cycle peak clear, materials cycle peak clear). Fails on earnings proximity 1d<=7d. Suitability: moderate.
Recent developments
updated 2026-10-29Recent Developments — NatWest Group plc
Latest news
- NEWS NWG|NatWest Group PLC|Price:17.775|Chg%:-0.535 - TradingKey — TradingKey neutral
- NEWS Implied Volatility Surging for NatWest Group Stock Options - TradingView — TradingView negative
- NEWS Implied Volatility Surging for NatWest Group Stock Options - Yahoo Finance — Yahoo Finance neutral
- NEWS NatWest Group PLC (NWG) - MSN — MSN neutral
- NEWS NATWEST GROUP PLC (AL35) Bond Price and Quote - London Stock Exchange — London Stock Exchange neutral
Generated 2026-10-29T11:20:25Z.
Upcoming dated catalysts
Thesis
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Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
10 dimensions · all in-band
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $16.77. BUY gates pass at $17.23, but thin upside margin: 8.1% and v7 low-quality RISK_OFF penalty: -0.5 (Q=5.1) argue for a more patient entry. Engine's entry $16.77 (support + ATR (held)) is the shallowest technical level that clears the 2:1 A.R:R minimum. Chart setup: RSI 51 mid-range, Bollinger mid-band. Earnings in 1 day. Wait until post-earnings. Target $18.63 (+8.1%), stop $16.07 (−7.2%), A.R:R 1.6:1. Score 6.4/10, moderate confidence.
Take-profit target: $18.63 (+8.1% upside). Target $18.63 (+8.1%), stop $16.07 (−7.2%), A.R:R 1.6:1. Stop-loss: $16.07.
Thin upside margin: 8.1%; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.1).
NatWest Group plc trades at a P/E of 8.6 (forward 8.0). TrendMatrix value score: 7.6/10. Verdict: Buy (Wait for Entry).
28 analysts cover NWG with a consensus score of 4.0/5. Average price target: $22.
What does NatWest Group plc do?NatWest Group plc, together with its subsidiaries, provides banking and financial products and services in the United...
NatWest Group plc, together with its subsidiaries, provides banking and financial products and services in the United Kingdom and internationally. It operates through the Retail Banking, Private Banking, and Commercial & Institutional segments. The Retail Banking segment offers a range of banking products and related financial services, such as current accounts, mortgages, personal unsecured lending, and personal deposits, as well as mobile and online banking services. Its Private Banking segment provides banking, lending, and wealth management products for high-net-worth individuals and their business interests. The Commercial & Institutional segment consists of customer businesses under business banking, commercial mid-market, and corporates and institutions; and offers banking operations services in the Channel Islands, Isle of Man, Gibraltar, and Luxembourg, as well as products and solutions for businesses comprising start-ups, corporates, and large institutions. The company was formerly known as The Royal Bank of Scotland Group plc and changed its name to NatWest Group plc in July 2020. NatWest Group plc was founded in 1727 and is headquartered in Edinburgh, the United Kingdom.