NatWest Group (LON:NWG – Free Report) had its target price hoisted by JPMorgan Chase & Co. from GBX 270 ($3.42) to GBX 290 ($3.67) in a research note released on Tuesday morning, Marketbeat reports. The firm currently has an overweight rating on the stock.
Other research analysts have also recently issued research reports about the company. Shore Capital restated a buy rating on shares of NatWest Group in a research note on Thursday, February 29th. Berenberg Bank boosted their target price on NatWest Group from GBX 300 ($3.80) to GBX 325 ($4.11) and gave the stock a buy rating in a research report on Friday, February 16th. Finally, Keefe, Bruyette & Woods downgraded shares of NatWest Group to an underperform rating and set a GBX 230 ($2.91) price target on the stock. in a report on Monday, February 12th. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of Moderate Buy and an average price target of GBX 311.88 ($3.95).
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NatWest Group Stock Up 0.7 %
NatWest Group Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Monday, April 29th. Investors of record on Thursday, March 14th will be issued a GBX 11.50 ($0.15) dividend. This is an increase from NatWest Group’s previous dividend of $5.50. The ex-dividend date is Thursday, March 14th. This represents a dividend yield of 5.37%. NatWest Group’s dividend payout ratio (DPR) is presently 3,469.39%.
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.
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