NatWest Group (LON:NWG) Receives Equal Weight Rating from Barclays

NatWest Group (LON:NWGGet Free Report)‘s stock had its “equal weight” rating reiterated by Barclays in a report issued on Wednesday,Digital Look reports. They presently have a GBX 700 price objective on the stock. Barclays‘s price target suggests a potential upside of 9.19% from the company’s current price.

A number of other equities research analysts have also issued reports on NWG. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 730 target price on shares of NatWest Group in a research report on Tuesday, December 2nd. Citigroup lifted their price target on NatWest Group from GBX 690 to GBX 765 and gave the stock a “buy” rating in a research note on Monday, December 1st. Shore Capital upped their price objective on shares of NatWest Group from GBX 500 to GBX 550 and gave the company a “hold” rating in a research note on Tuesday, October 28th. Jefferies Financial Group raised their target price on shares of NatWest Group from GBX 615 to GBX 630 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Finally, Royal Bank Of Canada lifted their target price on shares of NatWest Group from GBX 650 to GBX 725 and gave the stock a “sector perform” rating in a research report on Tuesday, October 28th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of GBX 671.43.

Get Our Latest Analysis on NatWest Group

NatWest Group Trading Up 1.4%

Shares of LON NWG traded up GBX 8.70 during midday trading on Wednesday, reaching GBX 641.10. The company’s stock had a trading volume of 28,501,535 shares, compared to its average volume of 15,342,659. NatWest Group has a one year low of GBX 369 and a one year high of GBX 674.20. The company has a market cap of £51.25 billion, a price-to-earnings ratio of 9.82, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. The company has a 50 day moving average price of GBX 621.26 and a 200 day moving average price of GBX 558.31.

NatWest Group (LON:NWGGet Free Report) last posted its quarterly earnings results on Friday, October 24th. The company reported GBX 19.80 earnings per share (EPS) for the quarter. NatWest Group had a net margin of 18.21% and a return on equity of 13.29%. Research analysts anticipate that NatWest Group will post 45.9724712 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Gill Whitehead purchased 500 shares of NatWest Group stock in a transaction dated Friday, January 2nd. The stock was acquired at an average cost of GBX 660 per share, with a total value of £3,300. Also, insider Stuart Lewis purchased 483 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were bought at an average price of GBX 660 per share, with a total value of £3,187.80. In the last three months, insiders acquired 4,281 shares of company stock worth $2,825,460. Corporate insiders own 0.19% of the company’s stock.

Key Stories Impacting NatWest Group

Here are the key news stories impacting NatWest Group this week:

About NatWest Group

(Get Free Report)

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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Analyst Recommendations for NatWest Group (LON:NWG)

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