NatWest Group (LON:NWG – Get Rating) had its target price boosted by Royal Bank of Canada from GBX 250 ($3.06) to GBX 330 ($4.04) in a research report report published on Tuesday morning, Marketbeat reports. The firm currently has an outperform rating on the stock.
NWG has been the subject of several other research reports. Morgan Stanley reissued an overweight rating on shares of NatWest Group in a research note on Wednesday, May 11th. Barclays cut their price objective on NatWest Group from GBX 330 ($4.04) to GBX 315 ($3.86) and set an overweight rating for the company in a research report on Thursday, June 30th. JPMorgan Chase & Co. lifted their price target on shares of NatWest Group from GBX 240 ($2.94) to GBX 250 ($3.06) and gave the company a neutral rating in a research note on Thursday, May 5th. Berenberg Bank lifted their price objective on shares of NatWest Group from GBX 300 ($3.68) to GBX 350 ($4.29) and gave the stock a buy rating in a research note on Monday, August 1st. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of NatWest Group from GBX 315 ($3.86) to GBX 330 ($4.04) and gave the stock a buy rating in a research report on Wednesday, May 4th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, NatWest Group presently has an average rating of Moderate Buy and a consensus price target of GBX 342 ($4.19).
NatWest Group Trading Up 1.3 %
Shares of NWG stock opened at GBX 253.20 ($3.10) on Tuesday. The stock has a 50-day moving average of GBX 226.18 and a 200-day moving average of GBX 224.79. The stock has a market cap of £26.35 billion and a price-to-earnings ratio of 972.31. NatWest Group has a 1-year low of GBX 182.85 ($2.24) and a 1-year high of GBX 258.10 ($3.16).
NatWest Group Cuts Dividend
Insider Activity at NatWest Group
In other news, insider Lena Wilson purchased 10,000 shares of the stock in a transaction dated Monday, June 20th. The stock was acquired at an average price of GBX 220 ($2.70) per share, for a total transaction of £22,000 ($26,957.48).
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, Commercial Banking, Private Banking, RBS International, and NatWest Markets segments.
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