Brokerages Set NatWest Group plc (LON:NWG) Price Target at GBX 666.67

NatWest Group plc (LON:NWG) has earned an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 666.67.

NWG has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 730 price objective on shares of NatWest Group in a research report on Tuesday, December 2nd. Citigroup boosted their target price on shares of NatWest Group from GBX 690 to GBX 765 and gave the stock a “buy” rating in a research note on Monday, December 1st. Royal Bank Of Canada increased their target price on NatWest Group from GBX 650 to GBX 725 and gave the company a “sector perform” rating in a report on Tuesday, October 28th. Shore Capital raised their price target on NatWest Group from GBX 500 to GBX 550 and gave the company a “hold” rating in a research note on Tuesday, October 28th. Finally, Jefferies Financial Group lifted their price target on NatWest Group from GBX 615 to GBX 630 and gave the stock a “buy” rating in a report on Tuesday, October 28th.

NatWest Group Price Performance

Shares of LON NWG opened at GBX 651.80 on Monday. The company has a market cap of £52.15 billion, a price-to-earnings ratio of 9.98, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. The stock’s 50-day moving average is GBX 613.06 and its two-hundred day moving average is GBX 553.52. NatWest Group has a 1-year low of GBX 369 and a 1-year high of GBX 654.80.

NatWest Group (LON:NWG) last released its earnings results on Friday, October 24th. The company reported GBX 19.80 earnings per share for the quarter. NatWest Group had a net margin of 18.21% and a return on equity of 13.29%. Equities research analysts anticipate that NatWest Group will post 45.9724712 earnings per share for the current fiscal 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.