NatWest Group’s (NWG) “Buy” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their buy rating on shares of NatWest Group (LON:NWG) in a research note released on Monday, MarketBeat.com reports. The firm currently has a GBX 840 target price on the stock.

NWG has been the topic of a number of other research reports. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 725 target price on shares of NatWest Group in a research note on Monday. Berenberg Bank increased their target price on NatWest Group from GBX 860 to GBX 880 and gave the stock a “buy” rating in a report on Monday. JPMorgan Chase & Co. lifted their target price on NatWest Group from GBX 780 to GBX 790 and gave the stock an “overweight” rating in a research report on Monday. Citigroup boosted their price target on NatWest Group from GBX 820 to GBX 840 and gave the company a “buy” rating in a report on Monday. Finally, Shore Capital Group upgraded NatWest Group to a “hold” rating in a research note on Friday, May 1st. Five equities research analysts have rated the stock with a Buy rating and three have given 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 756.88.

NatWest Group Price Performance

LON:NWG opened at GBX 713.80 on Monday. NatWest Group has a 1-year low of GBX 500.20 and a 1-year high of GBX 726. The firm has a 50-day moving average of GBX 650.15 and a two-hundred day moving average of GBX 616.98. The stock has a market cap of £56.82 billion, a P/E ratio of 9.57, a PEG ratio of 0.46 and a beta of 0.81.

NatWest Group (LON:NWG) last issued its quarterly earnings results on Friday, July 31st. The company reported GBX 38.10 EPS for the quarter. NatWest Group had a return on equity of 16.16% and a net margin of 20.89%. As a group, equities analysts expect that NatWest Group will post 45.9724712 earnings per share for the current year.

Insider Activity

In other NatWest Group news, insider Stuart Lewis acquired 497 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were purchased at an average price of GBX 668 per share, for a total transaction of £3,319.96. Also, insider Geeta Gopalan bought 487 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was acquired at an average cost of GBX 668 per share, for a total transaction of £3,253.16. Insiders have acquired 2,747 shares of company stock valued at $1,834,996 over the last quarter. Corporate insiders own 0.21% of the company’s stock.

About NatWest Group

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.