Added to YB: 2026-01-30
Pitch date: 2026-01-29
NWG [neutral]
NatWest Group plc
-6.43%
current return
Author Info
Beating The Tide is sharing insights from 14 years of beating the market, blending deep analysis with real-world experience. Sign up for the newsletter.
Company Info
NatWest Group plc, together with its subsidiaries, provides banking and financial products and services in the United Kingdom and internationally.
Market Cap
GBP 53.3B
Pitch Price
GBP 6.60
Price Target
19.25 (+212%)
Dividend
3.74%
EV/EBITDA
N/A
P/E
10.36
EV/Sales
N/A
Sector
Banks
Category
value
Why I’m Closing My Position in NatWest Group (NWG) After a 42% Run
NWG (position closed): UK retail bank completed turnaround, delivering 19.5% RoTE on rising rates & structural hedge benefits. Closed at $18.21 vs $19.25 fair value estimate (+41.9% total return). Limited upside remains as NIMs near peak, credit normalization expected, & valuation now reflects strong fundamentals.
Read full article (22 min)