NatWest Group PLC Stock Performance Influenced by Recent Developments
NatWest Group PLC, a major banking and financial services company, has seen its stock performance impacted by recent market trends and company-specific announcements.
The company’s stock has likely benefited from an upgrade in outlook by analysts at UBS, who have named NatWest and Barclays as top large-cap buys. This upgrade may have contributed to a positive sentiment around the company’s stock.
However, the overall market has been negatively impacted by trade war fears and weak economic data. The FTSE 100 index declined by 0.5% due to concerns over tariffs and a drop in GDP.
Recent Company Developments
- NatWest’s wealth arm has appointed a new Chief Financial Officer (CFO).
- The company is expected to release its quarterly earnings on July 25.
Earnings Expectations
Analysts are predicting a decline in revenue and earnings per share for NatWest Group PLC. The company’s quarterly earnings release is scheduled for July 25.