NatWest Group’s (NWG) Buy Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

NatWest Group (LON:NWG)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Tuesday,Digital Look reports. They currently have a GBX 840 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 51.24% from the company’s current price.

A number of other analysts have also commented on NWG. Shore Capital Group raised NatWest Group to a “hold” rating in a report on Friday. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 725 target price on shares of NatWest Group in a report on Tuesday. Barclays reissued an “equal weight” rating and issued a GBX 700 target price on shares of NatWest Group in a report on Wednesday, January 7th. Finally, JPMorgan Chase & Co. lifted their target price on NatWest Group from GBX 750 to GBX 780 and gave the stock an “overweight” rating in a report on Monday, April 13th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 712.86.

NatWest Group Trading Down 1.1%

Shares of LON:NWG opened at GBX 555.40 on Tuesday. The stock has a fifty day simple moving average of GBX 583.89 and a two-hundred day simple moving average of GBX 607.80. The stock has a market capitalization of £44.27 billion, a price-to-earnings ratio of 7.96, a PEG ratio of 0.46 and a beta of 0.83. NatWest Group has a 12-month low of GBX 471 and a 12-month high of GBX 705.40.

NatWest Group (LON:NWG) last announced its quarterly earnings data on Friday, February 13th. The company reported GBX 68 earnings per share (EPS) for the quarter. NatWest Group had a return on equity of 14.55% and a net margin of 20.12%. As a group, equities research analysts predict that NatWest Group will post 45.9724712 EPS 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.