NatWest Group (LON:NWG) Upgraded at Barclays

Barclays upgraded shares of NatWest Group (LON:NWG) to an overweight rating in a research note issued to investors on Friday morning, Marketbeat Ratings reports. The firm currently has GBX 330 ($4.13) price target on the stock, up from their previous price target of GBX 315 ($3.94).

Several other analysts have also recently commented on the company. Citigroup restated a buy rating on shares of NatWest Group in a report on Monday, October 16th. Deutsche Bank Aktiengesellschaft decreased their target price on NatWest Group from GBX 370 ($4.63) to GBX 320 ($4.00) in a report on Friday, September 22nd. Shore Capital restated a buy rating on shares of NatWest Group in a report on Friday, July 28th. Berenberg Bank decreased their price target on NatWest Group from GBX 360 ($4.50) to GBX 300 ($3.75) and set a buy rating on the stock in a report on Friday, October 27th. Finally, Royal Bank of Canada decreased their price target on NatWest Group from GBX 370 ($4.63) to GBX 330 ($4.13) in a report on Wednesday, August 2nd. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of Moderate Buy and a consensus target price of GBX 315.71 ($3.95).

NatWest Group Stock Performance

Shares of NWG stock opened at GBX 208.10 ($2.60) on Friday. The stock’s fifty day moving average is GBX 216.03 and its 200-day moving average is GBX 235.22. The stock has a market capitalization of £18.35 billion, a PE ratio of 424.69, a PEG ratio of 0.48 and a beta of 1.31. NatWest Group has a 52 week low of GBX 168 ($2.10) and a 52 week high of GBX 313.10 ($3.92).

NatWest Group Company Profile

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Private Banking, and Commercial & Institutional segments.