Latest news with #NWG
Business Insider
20-06-2025
- Business
- Business Insider
NatWest Group (NWG) Receives a Hold from RBC Capital
RBC Capital analyst Benjamin Toms maintained a Hold rating on NatWest Group (NWG – Research Report) on June 17 and set a price target of p475.00. The company's shares closed yesterday at p512.20. Confident Investing Starts Here: Toms covers the Financial sector, focusing on stocks such as HSBC Holdings, Close Brothers Group, and NatWest Group. According to TipRanks, Toms has an average return of 17.5% and a 68.81% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NatWest Group with a p561.56 average price target. Based on NatWest Group's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p7.13 billion and a net profit of p1.17 billion. In comparison, last year the company earned a revenue of p3.87 billion and had a net profit of p1.08 billion Based on the recent corporate insider activity of 111 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NWG in relation to earlier this year.
Mint
10-06-2025
- Business
- Mint
Lower crude brings relief to Mahanagar Gas amid falling APM gas allocation
Mahanagar Gas Ltd (MGL) just got some cushion amid the falling share of cheaper administered price mechanism (APM) gas in its overall sourcing mix. Three things should help here: increase in price of compressed natural gas (CNG) and domestic piped natural gas, sustained volume growth, and lower crude oil prices. MGL's cost of gas jumped in FY25 as the share of APM gas dropped to 56% from 70% in FY24. Thus, its Ebitda per scm (standard cubic meter) fell sharply to ₹10.2 from ₹13.9 in FY24. At its recent investor meet, the city gas distributor guided for 10%+ volume growth over the next 2-3 years, along with Ebitda of ₹9-11 per scm despite lower APM allocation, down to 39% in FY26 so far. Ebitda is short for earnings before interest, taxes, depreciation, and amortization. The APM gas is priced at 10% of domestic crude basket with a cap of $6.75 per mmBtu (million British thermal units), which is being replaced by new wells gas (NWG), priced at 12.5% of domestic crude basket with no cap. The management projects 7-10% of APM gas to shift to NWG each year. Also Read: Blue Star faces the heat in Q1 from a milder summer season The lower gas allocation should be offset by the drop in crude price with Brent crude now at about $65 per barrel, down from average of $75.8 per barrel in Q4FY25 and over $80 a year ago. Motilal Oswal Financial Services projects Brent prices to average $65 per barrel in FY26 and FY27. The broking firm expects MGL's Ebitda margin to cross ₹10 per scm, backed by the sales price revision done in April and declining crude. Positive outlook Volume growth is another trigger. FY25 volume growth was about 12%, up from 6% in FY24 led by industrial and commercial (I/C) consumers and can sustain here. I/C consumers form 15% of FY25 volumes and grew 24% owing to addition of few large customers. I/C is expected to grow 20% in FY26. The automotive segment, forming 70% of volumes, grew 11% in FY25. MGL plans to open 80 new CNG stations in FY26, taking the total to about 550. Also Read: Realty firms are on a high after last year's spending spree to buy land Amid improving outlook, MGL's shares have gained about 11% so far in 2025. The stock trades at 13x FY26 estimated earnings, shows Bloomberg data. While valuations don't appear steep, any sudden government decision to cut APM gas allocation or a reversal in crude price trend, may hurt sentiments. Nuvama Research has retained its 'Reduce' rating on sector multiples' de-rating due to ad-hoc government policies causing uncertainty (similar to OMCs, which trade at a sizeable discount). Also Read: For steel companies, Q4 was an inflexion point as prices, demand firm up
Business Insider
06-06-2025
- Business
- Business Insider
Kepler Capital Keeps Their Buy Rating on NatWest Group (NWG)
Kepler Capital analyst Nicolas Payen maintained a Buy rating on NatWest Group (NWG – Research Report) on June 4 and set a price target of p535.00. The company's shares closed yesterday at p522.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Payen is a 5-star analyst with an average return of 13.0% and a 67.19% success rate. Payen covers the Financial sector, focusing on stocks such as UBS Group AG, Barclays, and Deutsche Bank AG. NatWest Group has an analyst consensus of Strong Buy, with a price target consensus of p555.82, implying a 6.48% upside from current levels. In a report released on June 4, Citi also maintained a Buy rating on the stock with a £6.30 price target. The company has a one-year high of p537.20 and a one-year low of p300.20. Currently, NatWest Group has an average volume of 35.6M. Based on the recent corporate insider activity of 101 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NWG in relation to earlier this year.
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Business Standard
05-06-2025
- Business
- Business Standard
Margins likely to improve for city gas distribution majors on price cuts
LNG prices may remain muted over the next 3-4 years due to new LNG capacity and bearish crude oil trends Devangshu Datta Listen to This Article Margins for city gas distribution (CGD) players are expected to improve, with the administered pricing mechanism (APM) prices reduced due to a decline in crude oil prices. The upside is partly offset by lower APM allocation since replacement New Well Gas (NWG) costs 20 per cent more. LNG prices may remain muted over the next 3-4 years due to new LNG capacity and bearish crude oil trends. This implies sustained margin improvement for CGDs, with blended gas costs at $9.7–10 per million British thermal units (MMBtu) over FY26–FY28. Downside risks include further cuts in APM allocations and rapid electric vehicle
Yahoo
28-05-2025
- Business
- Yahoo
NatWest Group (NWG) Is Up 5.07% in One Week: What You Should Know
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at NatWest Group (NWG), a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. NatWest Group currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> Let's discuss some of the components of the Momentum Style Score for NWG that show why this bank shows promise as a solid momentum pick. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. For NWG, shares are up 5.07% over the past week while the Zacks Banks - Foreign industry is up 0.7% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 8.52% compares favorably with the industry's 6.82% performance as well. While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Over the past quarter, shares of NatWest Group have risen 17.95%, and are up 75.18% in the last year. In comparison, the S&P 500 has only moved 1.35% and 13.07%, respectively. Investors should also take note of NWG's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, NWG is averaging 5,389,137 shares for the last 20 days. The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with NWG. Over the past two months, 2 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost NWG's consensus estimate, increasing from $1.42 to $1.56 in the past 60 days. Looking at the next fiscal year, 2 estimates have moved upwards while there have been no downward revisions in the same time period. Given these factors, it shouldn't be surprising that NWG is a #1 (Strong Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep NatWest Group on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NatWest Group plc (NWG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
