Jefferies Financial Group Cuts NatWest Group (LON:NWG) Price Target to GBX 730

NatWest Group (LON:NWG) had its price target decreased by Jefferies Financial Group from GBX 750 to GBX 730 in a research report released on Wednesday, Marketbeat.com reports. Jefferies Financial Group currently has a buy rating on the stock.

NWG has been the topic of several other reports. Barclays reaffirmed an “equal weight” rating and set a GBX 700 target price on shares of NatWest Group in a report on Wednesday, January 7th. JPMorgan Chase & Co. lifted their target price on NatWest Group from GBX 750 to GBX 780 and gave the stock an “overweight” rating in a report on Monday, April 13th. Shore Capital Group raised NatWest Group to a “hold” rating in a report on Friday, May 1st. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 725 target price on shares of NatWest Group in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 840 price target on shares of NatWest Group in a research report on Tuesday. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 727.14.

NatWest Group Price Performance

LON:NWG opened at GBX 579.80 on Wednesday. The firm’s 50 day simple moving average is GBX 581.27 and its 200 day simple moving average is GBX 608.31. NatWest Group has a one year low of GBX 471 and a one year high of GBX 705.40. The company has a market cap of £46.17 billion, a PE ratio of 8.31, a P/E/G ratio of 0.46 and a beta of 0.83.

NatWest Group (LON:NWG) last posted its earnings results on Friday, February 13th. The company reported GBX 68 EPS for the quarter. NatWest Group had a net margin of 20.12% and a return on equity of 14.55%. Equities research analysts expect that NatWest Group will post 45.9724712 EPS for the current year.

Insider Activity at NatWest Group

In related news, insider Roisin Donnelly acquired 466 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The stock was acquired at an average price of GBX 556 per share, for a total transaction of £2,590.96. Also, insider Patrick Flynn acquired 415 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The shares were bought at an average price of GBX 556 per share, with a total value of £2,307.40. Insiders bought a total of 4,014 shares of company stock valued at $2,231,784 in the last ninety days. Insiders own 0.20% of the company’s stock.

Trending Headlines about NatWest Group

Here are the key news stories impacting NatWest Group this week:

• Positive Sentiment: NatWest reported Q1 growth, suggesting business momentum and supporting expectations for earnings and profitability. NatWest Group NWG Reports Q1 Growth
• Positive Sentiment: Several insiders, including Gill Whitehead, Josh Critchley, Patrick Flynn, Richard Haythornthwait, Roisin Donnelly, Geeta Gopalan, and Stuart Lewis, bought shares at GBX 556, a signal investors often view as a vote of confidence from management. NatWest Group Insider Trades
• Positive Sentiment: Jefferies kept a Buy rating on NatWest Group, reinforcing the stock’s broader analyst support despite a lower target. NatWest Group Gets a Buy from Jefferies
• Positive Sentiment: Analysts’ consensus target of about GBX 712.86 still sits above the current share price, leaving room for upside if execution remains solid. NatWest Group Receives GBX 712.86 Consensus Target Price from Analysts
• Neutral Sentiment: Jefferies cut its price target to GBX 730 from GBX 750, but still backed the stock with a Buy rating; this is mildly cautionary rather than a clear negative. NatWest Group Price Target Cut to GBX 730 by Jefferies

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.