NatWest Group plc (LON:NWG) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analyst consensus: NatWest has an average rating of "Moderate Buy" from seven analysts (4 buys, 3 holds) with an average 1‑year price target of GBX 712.86; recent upgrades include JPMorgan to GBX 780 and Deutsche Bank to GBX 840.
• Valuation & recent results: NWG opened at GBX 561.50 (1‑yr range GBX 468–705.40) with a market cap of £44.76bn and a P/E of 8.33, and it reported GBX 68 EPS last quarter with a 14.55% ROE (net margin 20.12%).

Shares of NatWest Group plc (LON:NWG - Get Free Report) have received an average recommendation of "Moderate Buy" from the seven research firms that are currently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 712.86.

A number of research analysts have recently commented on NWG shares. JPMorgan Chase & Co. raised their target price on NatWest Group from GBX 750 to GBX 780 and gave the company an "overweight" rating in a research note on Monday, April 13th. Barclays reaffirmed an "equal weight" rating and issued a GBX 700 price target on shares of NatWest Group in a research note on Wednesday, January 7th. Royal Bank Of Canada reiterated a "sector perform" rating and issued a GBX 725 price objective on shares of NatWest Group in a report on Monday, February 9th. Deutsche Bank Aktiengesellschaft raised their price objective on NatWest Group from GBX 730 to GBX 840 and gave the company a "buy" rating in a research report on Friday, March 27th. Finally, Shore Capital Group upgraded shares of NatWest Group to a "hold" rating in a report on Friday.

NatWest Group Price Performance

NWG stock opened at GBX 561.50 on Friday. NatWest Group has a 1 year low of GBX 468 and a 1 year high of GBX 705.40. The firm has a 50-day moving average of GBX 583.89 and a 200 day moving average of GBX 607.32. The company has a market cap of £44.76 billion, a P/E ratio of 8.33, a PEG ratio of 0.46 and a beta of 0.83.

NatWest Group (LON:NWG - Get Free Report) last posted its quarterly earnings data on Friday, February 13th. The company reported GBX 68 earnings per share for the quarter. NatWest Group had a return on equity of 14.55% and a net margin of 20.12%. On average, equities research analysts expect that NatWest Group will post 45.9724712 earnings per share for the current fiscal year.

About NatWest Group

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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