NatWest Group (LON:NWG) Price Target Raised to GBX 840

by · The Cerbat Gem

NatWest Group (LON:NWG – Free Report) had its price target boosted by Citigroup from GBX 820 to GBX 840 in a research report sent to investors on Monday, MarketBeat reports. They currently have a buy rating on the stock.

Other equities analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 840 target price on shares of NatWest Group in a research note on Tuesday, May 5th. Shore Capital Group upgraded NatWest Group to a “hold” rating in a research note on Friday, May 1st. Berenberg Bank increased their price objective on NatWest Group from GBX 860 to GBX 880 and gave the company a “buy” rating in a report on Monday. JPMorgan Chase & Co. increased their price objective on NatWest Group from GBX 780 to GBX 790 and gave the company an “overweight” rating in a report on Monday. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 725 price objective on shares of NatWest Group in a research note on Tuesday, May 5th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, NatWest Group has an average rating of “Moderate Buy” and a consensus target price of GBX 756.88.

Read Our Latest Analysis on NWG

NatWest Group Trading Down 0.3%

Shares of NatWest Group stock opened at GBX 713.80 on Monday. The firm’s 50 day simple moving average is GBX 650.15 and its two-hundred day simple moving average is GBX 616.98. The firm has a market capitalization of £56.82 billion, a price-to-earnings ratio of 9.57, a PEG ratio of 0.46 and a beta of 0.81. NatWest Group has a 12-month low of GBX 500.20 and a 12-month high of GBX 726.

NatWest Group (LON:NWG – Get Free Report) last posted its quarterly earnings data on Friday, July 31st. The company reported GBX 38.10 EPS for the quarter. NatWest Group had a net margin of 20.89% and a return on equity of 16.16%. On average, sell-side analysts predict that NatWest Group will post 45.9724712 EPS for the current fiscal year.

Insider Transactions at NatWest Group

In other NatWest Group news, insider Geeta Gopalan bought 487 shares of NatWest Group stock in a transaction that occurred on Wednesday, July 1st. The stock was purchased at an average price of GBX 668 per share, with a total value of £3,253.16. Also, insider Gill Whitehead bought 485 shares of NatWest Group stock in a transaction that occurred on Wednesday, July 1st. The shares were acquired at an average cost of GBX 668 per share, with a total value of £3,239.80. Over the last three months, insiders have acquired 2,747 shares of company stock valued at $1,834,996. 0.21% of the stock is owned by corporate insiders.

NatWest Group Company Profile

(Get Free Report)

We’re a UK-focussed bank serving over 20 million customers, with businesses across retail, commercial and private banking markets.

With a brand history stretching back nearly 300 years, we have our roots in the communities we serve across every nation and region of the UK. Our brands include NatWest, Royal Bank of Scotland, Ulster Bank and Coutts.

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