NatWest Group plc (LON:NWG) Stock Has Consensus Target Price of GBX 769.38

Key Points

• NatWest Group has a “Moderate Buy” consensus rating from eight analysts, split between four buys and four holds, with an average 12-month price target of GBX 769.38.
• Recent broker updates were generally positive: Berenberg and Citigroup raised their targets to GBX 880 and GBX 860, respectively, while JPMorgan raised its target to GBX 830 but maintained a neutral rating.
• The stock opened at GBX 692.60, below the consensus target, with a market capitalization of approximately £54.99 billion and a one-year trading range of GBX 504.41 to GBX 726.

NatWest Group plc (LON:NWG - Get Free Report) has been given a consensus rating of "Moderate Buy" by the eight brokerages that are currently covering the company, Marketbeat reports. Four analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 769.38.

Several research analysts have issued reports on the company. Berenberg Bank upped their price objective on NatWest Group from GBX 860 to GBX 880 and gave the stock a "buy" rating in a report on Monday, August 3rd. Royal Bank Of Canada reissued a "sector perform" rating and issued a GBX 725 target price on shares of NatWest Group in a research note on Monday, August 3rd. Citigroup boosted their target price on NatWest Group from GBX 840 to GBX 860 and gave the stock a "buy" rating in a research report on Wednesday, September 23rd. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 770 price target on shares of NatWest Group in a research note on Wednesday, September 2nd. Finally, JPMorgan Chase & Co. raised their price target on NatWest Group from GBX 790 to GBX 830 and gave the company a "neutral" rating in a report on Tuesday, September 15th.

NatWest Group Price Performance

NatWest Group stock opened at GBX 692.60 on Wednesday. The business has a 50 day simple moving average of GBX 693.59 and a 200 day simple moving average of GBX 635.15. The company has a market capitalization of £54.99 billion, a PE ratio of 9.28, a price-to-earnings-growth ratio of 0.46 and a beta of 0.81. NatWest Group has a one year low of GBX 504.41 and a one year high of GBX 726.

NatWest Group (LON:NWG - Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The company reported GBX 38.10 earnings per share (EPS) for the quarter. NatWest Group had a net margin of 21.17% and a return on equity of 16.16%. Equities analysts anticipate that NatWest Group will post 45.9724712 earnings per share for the current fiscal year.

Insider Activity

In other NatWest Group news, insider Katie Murray sold 111,000 shares of NatWest Group stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of GBX 690, for a total transaction of £765,900. Also, insider Paul Thwaite sold 260,000 shares of the firm's stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of GBX 690, for a total value of £1,794,000. 0.21% of the stock is currently owned by insiders.

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.

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