A crazy long-term target for NatWest shares
It's been a long road for investors in this high street bank, but independent analyst Alistair Strang's software calculates an absurd sounding attraction coming from the distant future.
9th June 2025 07:23
by Alistair Strang from Trends and Targets
News of NatWest Group (LSE:NWG) paying off the last of its debt to the UK taxpayer, is perhaps proving capable of driving the share price into a cycle where some real hope is available for the future.
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While we cannot plot out any trajectory which suggests hope for the folk trapped with a share price adjusted average at around 23 quid, since the price appears to have confirmed the downtrend since 2007, we can calculate an absurd sounding attraction as coming from a distant 1,404p on the current cycle.
We shall cling to this hope as long as the price doesn’t discover an excuse to close a session below 484p.
We’ve even got considerable hope for the nearer term, the big picture allowing us to adjust our target levels upward. Apparently, movement next above 537p should now target an ambition at 600p with our longer-term secondary, if beaten, at a future 767p.
We’re a little sceptical at this outpouring of affection for NWG's share price, especially as we fondly referred to it as “the clown bank” due to their share price movements back in the days when the company was called RBS. Essentially, we’d initially thought a breakout target would be around 570p but now, things appear to have changed.
Source: Trends and Targets. Past performance is not a guide to future performance.
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
Alistair Strang is a freelance contributor and not a direct employee of Interactive Investor. All correspondence is with Alistair Strang, who for these purposes is deemed a third-party supplier. Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Alistair Strang or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.
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