Get the Weekly Intelligence Brief — top committee picks every Sunday.
NWG · NYSE · STOCK

NatWest Group plc

Financial Services Updated August 11, 2026
$19.05
52W $13.56 – $19.42
64/100
$37.92B
7.4
0.81
AI Committee Verdict
Buy
64/100
Conviction: Contested · 67% agreement · 6 analysts
Contested

Is NWG Bullish or Bearish?

Bullish. Innellis AI committee rates NatWest Group plc (NWG) Buy with a composite score of 64/100 , based on 6 analysts with 67% agreement. Last updated August 11, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +11.04 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -8.96 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Growth Analyst sees a compelling case — revenue growing 75.1% yoy -- genuine top-line momentum. Risk Analyst remains cautious — high leverage (debt-to-equity 2.65) amplifies downside in a stress scenario. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • P/E of 8.9 is inexpensive for the broad market — Value
  • Price-to-book of 1.2x is a discount to asset value — Value
  • Dividend yield of 4.9% pays you to wait — Value
  • Revenue growing 75.1% YoY -- genuine top-line momentum — Growth
  • Price structure making higher highs and higher lows — Technical
  • MACD histogram positive -- bullish momentum — Technical
Bear Case
  • Debt-to-equity of 2.65 adds balance-sheet risk to the value case — Value
  • High leverage (debt-to-equity 2.65) amplifies downside in a stress scenario — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 11, 2026
Overall Committee Score
64/100
Agreement
67%
Analysts
6
Conviction
Contested
Sector Rank
Top 46%
of 209 Financial Services peers
Value Analyst bullish
65 / 100 · Moderate confidence
Classic value case: cheap on multiples with earnings power to back it up
+ P/E of 8.9 is inexpensive for the broad market
− Debt-to-equity of 2.65 adds balance-sheet risk to the value case
Growth Analyst bullish
85 / 100 · Low confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 75.1% YoY -- genuine top-line momentum
Technical Analyst bullish
69 / 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
Risk Analyst bearish
30 / 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− High leverage (debt-to-equity 2.65) amplifies downside in a stress scenario
Macro Analyst bullish
78 / 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst neutral
58 / 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager neutral
55 / 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 2 existing position pair(s) are highly correlated already
Open Full Terminal →

Technical Analysis

RSI (14)
59.6
Neutral
MACD Histogram
0.034
Bullish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Hh Hl
Support
$14.73
Resistance
$19.34
Bollinger %B
0.74
Inside Bands
Price vs Moving Averages
EMA 9
$18.94 Above
EMA 21
$18.51 Above
EMA 50
$17.75 Above
EMA 200
$16.37 Above

Fundamental Analysis

Valuation
100
Profitability
68
Financial Health
50
Cash Flow
15
Valuation
P/E Ratio 7.4×
P/B Ratio 1.46×
PEG Ratio 0.13
Dividend Yield 4.59%
52W High $19.42
52W Low $13.56
Quality & Growth
ROE 1368.8%
ROA 81.6%
Gross Margin 5802.2%
Operating Margin 2780.2%
Revenue Growth YoY
Debt / Equity 4.29
AI Fundamental Assessment
[reduced confidence: limited earnings history] P/E ratio of 7.4 (inexpensive relative to a 15-40x range); Price-to-book of 1.5x; PEG ratio of 0.1 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 13.7%; Return on assets of 0.8%; Net margin of 20.9%; Gross margin of 58.0%; Current ratio of 2.37 (healthy short-term liquidity); Debt-to-equity of 4.29; Free cash flow per share is negative (0.00); Earnings-history trend unavailable; growth based on TTM year-over-year only.
Get the Full NWG Analysis
Interactive charts · Live committee votes · Trade plan · Paper trading · AI Q&A
Open in Terminal →

Explore NWG Further

📈 Rating History 💰 Earnings 📰 Recent Events 🔄 What Changed 📖 Thesis Evolution 🔍 Similar Stocks
Weekly Intelligence Brief
Get the committee's top-scored stocks every Sunday.
Free · No spam · Unsubscribe anytime