NatWest Group (LON:NWG) Rating Reiterated by Shore Capital

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

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

NatWest Group Price Performance

NatWest Group stock opened at GBX 303.50 ($3.75) on Friday. The stock has a market capitalization of £26.53 billion, a price-to-earnings ratio of 619.51, a PEG ratio of 0.46 and a beta of 1.34. The business has a fifty day moving average price of GBX 257.23 and a 200-day moving average price of GBX 227.79. NatWest Group has a 1-year low of GBX 168 ($2.08) and a 1-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.