Analysts Set NatWest Group plc (LON:NWG) Price Target at GBX 692.86

Shares of NatWest Group plc (LON:NWG) have received a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 692.86.

NWG has been the topic of a number of analyst reports. Shore Capital Group reaffirmed a “hold” rating on shares of NatWest Group in a research report on Monday, February 9th. JPMorgan Chase & Co. raised their target price on shares of NatWest Group from GBX 730 to GBX 750 and gave the stock an “overweight” rating in a research note on Tuesday, January 20th. Citigroup upped their price target on shares of NatWest Group from GBX 690 to GBX 765 and gave the stock a “buy” rating in a research report on Monday, December 1st. Barclays reissued an “equal weight” rating and issued a GBX 700 price objective on shares of NatWest Group in a research note on Wednesday, January 7th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of NatWest Group from GBX 660 to GBX 730 and gave the company a “buy” rating in a research note on Friday, January 23rd.

Insiders Place Their Bets

In other NatWest Group news, insider Geeta Gopalan acquired 471 shares of the company’s stock in a transaction dated Friday, January 2nd. The stock was purchased at an average price of GBX 660 per share, with a total value of £3,108.60. Also, insider Stuart Lewis bought 483 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The shares were acquired at an average price of GBX 660 per share, with a total value of £3,187.80. Over the last ninety days, insiders bought 4,281 shares of company stock valued at $2,825,460. Insiders own 0.19% of the company’s stock.

NatWest Group Price Performance

Shares of NWG stock opened at GBX 603.60 on Tuesday. The company has a market cap of £48.15 billion, a price-to-earnings ratio of 9.24, a PEG ratio of 0.46 and a beta of 1.28. NatWest Group has a 1 year low of GBX 380.60 and a 1 year high of GBX 705.40. The firm has a fifty day moving average price of GBX 643.61 and a 200-day moving average price of GBX 590.71.

NatWest Group (LON:NWG) last released its earnings results on Friday, February 13th. The company reported GBX 68 earnings per share for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. Equities research analysts expect that NatWest Group will post 45.9724712 EPS for the current year.

NatWest Group Company Profile

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.