NatWest Group plc (LON:NWG) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of NatWest Group plc (LON:NWG) have been assigned a consensus rating of “Moderate Buy” from the seven ratings firms that are currently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is GBX 708.57.

Several analysts recently weighed in on the stock. Shore Capital Group reiterated a “hold” rating on shares of NatWest Group in a report on Monday, February 9th. Barclays restated an “equal weight” rating and issued a GBX 700 price target on shares of NatWest Group in a research note on Wednesday, January 7th. JPMorgan Chase & Co. boosted their price target on shares of NatWest Group from GBX 730 to GBX 750 and gave the stock an “overweight” rating in a research note on Tuesday, January 20th. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 725 price target on shares of NatWest Group in a research note on Monday, February 9th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of NatWest Group from GBX 730 to GBX 840 and gave the stock a “buy” rating in a research note on Friday, March 27th.

NatWest Group Stock Performance

NatWest Group stock opened at GBX 612.40 on Wednesday. NatWest Group has a fifty-two week low of GBX 404.90 and a fifty-two week high of GBX 705.40. The firm has a 50 day moving average price of GBX 597.41 and a 200 day moving average price of GBX 599.32. The company has a market capitalization of £48.82 billion, a PE ratio of 9.09, a price-to-earnings-growth ratio of 0.46 and a beta of 0.83.

NatWest Group (LON:NWG) last posted its earnings results on Friday, February 13th. The company reported GBX 68 earnings per share for the quarter. NatWest Group had a net margin of 22.26% and a return on equity of 14.33%. As a group, equities research analysts forecast that NatWest Group will post 45.9724712 earnings per share for the current year.

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.