BNP Paribas Upgrades NatWest Group plc (NWG) to Neutral From Underperform

NatWest Group plc (NYSE:NWG) is one of the best cheap stocks under $50 to buy right now. NatWest Group plc (NYSE:NWG) was upgraded to Neutral from Underperform by BNP Paribas on February 27, with the firm assigning a 670 GBp price target to the stock. In a separate development, NatWest Group plc (NYSE:NWG) announced on February 25 the launch of a new range of protection insurance to its retail and mortgage customers, offering a fast and intuitive digital experience, allowing homebuyers to obtain quotes and apply for vital protection cover.

The new product suite encompasses Life Insurance, expanded Critical Illness Cover, and Over 50s Life Insurance, helping expand eligibility and access to protection. NatWest Group plc (NYSE:NWG) reported significant enhancements in Critical Illness Cover, now providing protection for 52 conditions.

Separately, NatWest Group plc (NYSE:NWG) announced annual results for 2025 on February 13, reporting that it increased its customer base by around a million customers, grew its profit before tax to £7.7 billion, and delivered a Return on Tangible Equity (RoTE) of 19.2%. Management stated that strong capital generation and distributions came from increased profitability and disciplined balance sheet and risk management.

NatWest Group plc (NYSE:NWG) provides international banking and financial services. The company’s operations are divided into the following segments: Retail Banking, Private Banking, Commercial and Institutional, and Central Items and Other.

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Disclosure: None. This article is originally published at Insider Monkey.