Shares of NatWest Group plc (LON:NWG - Get Free Report) have received a consensus rating of "Moderate Buy" from the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is GBX 311.88 ($3.88).
A number of analysts recently issued reports on NWG shares. Berenberg Bank lifted their price objective on NatWest Group from GBX 300 ($3.73) to GBX 325 ($4.05) and gave the company a "buy" rating in a research report on Friday, February 16th. Keefe, Bruyette & Woods cut NatWest Group to an "underperform" rating and set a GBX 230 ($2.86) price target for the company. in a research report on Monday, February 12th. Shore Capital reaffirmed a "buy" rating on shares of NatWest Group in a research report on Thursday, February 29th. Finally, JPMorgan Chase & Co. boosted their price target on NatWest Group from GBX 270 ($3.36) to GBX 290 ($3.61) and gave the stock an "overweight" rating in a research report on Tuesday, April 9th.
Check Out Our Latest Analysis on NWG
NatWest Group Stock Performance
Shares of NWG stock traded up GBX 2.30 ($0.03) on Monday, reaching GBX 276.80 ($3.45). 20,151,719 shares of the company's stock traded hands, compared to its average volume of 26,019,531. NatWest Group has a 12-month low of GBX 168 ($2.09) and a 12-month high of GBX 281 ($3.50). The company has a market capitalization of £24.19 billion, a P/E ratio of 564.90, a price-to-earnings-growth ratio of 0.46 and a beta of 1.34. The business's 50 day moving average price is GBX 246.58 and its two-hundred day moving average price is GBX 224.85.
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 given a dividend of GBX 11.50 ($0.14) per share. This represents a dividend yield of 5.37%. The ex-dividend date of this dividend is Thursday, March 14th. This is a boost from NatWest Group's previous dividend of $5.50. NatWest Group's payout ratio is currently 3,469.39%.
NatWest Group Company Profile
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Get Free ReportNatWest 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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