NatWest Group (LON:NWG) Price Target Raised to GBX 730

NatWest Group (LON:NWG) had its target price boosted by Deutsche Bank Aktiengesellschaft from GBX 660 to GBX 730 in a research report released on Friday morning, Marketbeat reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

NWG has been the subject of several other reports. Jefferies Financial Group upped their target price on NatWest Group from GBX 615 to GBX 630 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. JPMorgan Chase & Co. lifted their price objective on NatWest Group from GBX 730 to GBX 750 and gave the stock an “overweight” rating in a research report on Tuesday, January 20th. Shore Capital raised their price target on shares of NatWest Group from GBX 500 to GBX 550 and gave the stock a “hold” rating in a report on Tuesday, October 28th. Barclays reaffirmed an “equal weight” rating and set a GBX 700 target price on shares of NatWest Group in a research note on Wednesday, January 7th. Finally, Citigroup lifted their target price on NatWest Group from GBX 690 to GBX 765 and gave the company a “buy” rating in a research report on Monday, December 1st. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, NatWest Group presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 692.86.

NatWest Group Trading Down 1.0%

Shares of NatWest Group stock opened at GBX 646.80 on Friday. The firm’s 50 day simple moving average is GBX 631.76 and its two-hundred day simple moving average is GBX 571.23. NatWest Group has a 12-month low of GBX 380.60 and a 12-month high of GBX 674.20. The firm has a market capitalization of £51.70 billion, a price-to-earnings ratio of 9.91, a PEG ratio of 0.46 and a beta of 1.28.

NatWest Group (LON:NWG) last issued its quarterly earnings results on Friday, October 24th. The company reported GBX 19.80 EPS for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. On average, sell-side analysts predict that NatWest Group will post 45.9724712 EPS for the current fiscal year.

Insider Transactions at NatWest Group

In other NatWest Group news, insider Patrick Flynn bought 193 shares of NatWest Group stock in a transaction dated Friday, January 2nd. The stock was acquired at an average cost of GBX 660 per share, with a total value of £1,273.80. Also, insider Yasmin Jetha acquired 181 shares of the firm’s stock in a transaction on Friday, January 2nd. The shares were bought at an average cost of GBX 660 per share, with a total value of £1,194.60. Over the last quarter, insiders acquired 4,281 shares of company stock worth $2,825,460. Insiders own 0.19% of the company’s stock.

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.