NatWest Group (LON:NWG) Coverage Initiated by Analysts at Peel Hunt

Equities research analysts at Peel Hunt assumed coverage on shares of NatWest Group (LON:NWG) in a note issued to investors on Friday, Digital Look reports. The firm set a “buy” rating and a GBX 330 ($4.11) price target on the stock. Peel Hunt’s price target suggests a potential upside of 20.75% from the stock’s current price.

NWG has been the topic of a number of other reports. Berenberg Bank lifted their target price on NatWest Group from GBX 300 ($3.73) to GBX 325 ($4.05) and gave the stock a “buy” rating in a research note on Friday, February 16th. Shore Capital reiterated a “buy” rating on shares of NatWest Group in a research note on Thursday, February 29th. JPMorgan Chase & Co. lifted their target price on NatWest Group from GBX 270 ($3.36) to GBX 290 ($3.61) and gave the stock an “overweight” rating in a research note on Tuesday, April 9th. Finally, Keefe, Bruyette & Woods cut NatWest Group to an “underperform” rating and set a GBX 230 ($2.86) target price on the stock. in a research note on Monday, February 12th. One equities research analyst has rated the stock with a sell rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 313.89 ($3.91).

NatWest Group Trading Down 0.8 %

Shares of LON:NWG opened at GBX 273.30 ($3.40) on Friday. The stock’s fifty day simple moving average is GBX 249.80 and its two-hundred day simple moving average is GBX 225.74. NatWest Group has a 1-year low of GBX 168 ($2.09) and a 1-year high of GBX 281 ($3.50). The stock has a market cap of £23.89 billion, a PE ratio of 558.98, a price-to-earnings-growth ratio of 0.46 and a beta of 1.34.

NatWest Group Company Profile

NatWest 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.