NatWest Group (NYSE:NWG) PT Raised to GBX 250 at JPMorgan Chase & Co.

NatWest Group (NYSE:NWGGet Rating) had its price target raised by JPMorgan Chase & Co. from GBX 240 ($3.00) to GBX 250 ($3.12) in a research note issued to investors on Thursday, The Fly reports.

A number of other brokerages have also recently weighed in on NWG. Credit Suisse Group reduced their price objective on shares of NatWest Group from GBX 310 ($3.87) to GBX 300 ($3.75) in a research note on Monday, February 21st. BNP Paribas upgraded shares of NatWest Group from a neutral rating to an outperform rating and set a $305.00 price target for the company in a report on Tuesday, February 22nd. Barclays lifted their price objective on NatWest Group from GBX 320 ($4.00) to GBX 330 ($4.12) in a research note on Wednesday. HSBC raised NatWest Group from a hold rating to a buy rating in a report on Friday, April 22nd. Finally, Jefferies Financial Group downgraded shares of NatWest Group from a buy rating to a hold rating in a research note on Tuesday, January 11th. Four equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, NatWest Group presently has a consensus rating of Buy and an average target price of $274.62.

NYSE NWG traded down $0.04 on Thursday, reaching $5.23. The stock had a trading volume of 53,659 shares, compared to its average volume of 1,653,262. NatWest Group has a 1 year low of $4.99 and a 1 year high of $6.99. The business has a 50 day moving average price of $5.68 and a 200 day moving average price of $6.06. The company has a current ratio of 1.05, a quick ratio of 1.07 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $27.67 billion, a price-to-earnings ratio of 6.93, a P/E/G ratio of 0.80 and a beta of 1.25.

NatWest Group (NYSE:NWGGet Rating) last released its quarterly earnings data on Friday, February 18th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03). The firm had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.61 billion. NatWest Group had a return on equity of 7.26% and a net margin of 25.16%. On average, analysts anticipate that NatWest Group will post 0.66 earnings per share for the current fiscal year.

The company also recently announced a Semi-Annual dividend, which was paid on Friday, March 18th. Stockholders of record on Friday, March 18th were paid a $0.199 dividend. The ex-dividend date was Thursday, March 17th. This is an increase from NatWest Group’s previous Semi-Annual dividend of $0.08. NatWest Group’s payout ratio is currently 50.00%.

Institutional investors have recently made changes to their positions in the stock. National Asset Management Inc. acquired a new position in NatWest Group in the first quarter valued at about $60,000. Savant Capital LLC acquired a new position in shares of NatWest Group in the 4th quarter worth approximately $63,000. Balyasny Asset Management LLC bought a new stake in NatWest Group during the 3rd quarter worth approximately $67,000. Sage Rhino Capital LLC bought a new position in NatWest Group in the 4th quarter valued at $68,000. Finally, Ieq Capital LLC acquired a new position in NatWest Group in the first quarter worth $65,000. Institutional investors and hedge funds own 0.59% of the company’s stock.

NatWest Group Company Profile (Get Rating)

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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