NatWest Group (LON:NWG) Receives Buy Rating from Shore Capital

NatWest Group (LON:NWG)‘s stock had its “buy” rating reiterated by research analysts at Shore Capital in a research report issued on Friday, Digital Look reports.

NWG has been the topic of a number of other reports. Peel Hunt initiated coverage on NatWest Group in a research note on Friday, April 19th. They issued a “buy” rating and a GBX 330 ($4.08) price target on the stock. Keefe, Bruyette & Woods lowered NatWest Group to an “underperform” rating and set a GBX 230 ($2.84) price objective on the stock. in a research report on Monday, February 12th. Berenberg Bank lifted their price objective on NatWest Group from GBX 300 ($3.71) to GBX 325 ($4.01) and gave the stock a “buy” rating in a research report on Friday, February 16th. Finally, JPMorgan Chase & Co. lifted their price objective on NatWest Group from GBX 270 ($3.33) to GBX 290 ($3.58) and gave the stock an “overweight” rating in a research report on Tuesday, April 9th. One investment analyst has rated the stock with a sell rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, NatWest Group currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 313.89 ($3.88).

NatWest Group Price Performance

Shares of NatWest Group stock opened at GBX 303.50 ($3.75) on Friday. The business’s 50 day simple moving average is GBX 257.23 and its two-hundred day simple moving average is GBX 227.79. The stock has a market capitalization of £26.53 billion, a P/E ratio of 619.51, a price-to-earnings-growth ratio of 0.46 and a beta of 1.34. NatWest Group has a one year low of GBX 168 ($2.08) and a one year high of GBX 305.05 ($3.77).

About NatWest Group

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.