NatWest Group (LON:NWG) PT Raised to GBX 380 at Deutsche Bank Aktiengesellschaft

NatWest Group (LON:NWGGet Rating) had its price objective boosted by research analysts at Deutsche Bank Aktiengesellschaft from GBX 330 ($4.04) to GBX 380 ($4.66) in a research report issued to clients and investors on Thursday, MarketBeat.com reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 50.08% from the company’s current price.

Other equities research analysts also recently issued reports about the stock. Morgan Stanley restated an “overweight” rating on shares of NatWest Group in a research report on Wednesday, May 11th. Royal Bank of Canada lifted their price target on shares of NatWest Group from GBX 250 ($3.06) to GBX 330 ($4.04) and gave the company an “outperform” rating in a research report on Tuesday. Shore Capital reiterated a “buy” rating on shares of NatWest Group in a research report on Friday, July 29th. 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 report on Thursday, May 5th. Finally, Berenberg Bank lifted their price target on shares of NatWest Group from GBX 300 ($3.68) to GBX 350 ($4.29) and gave the company a “buy” rating in a research report on Monday, August 1st. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 342 ($4.19).

NatWest Group Stock Up 1.3 %

Shares of NWG stock opened at GBX 253.20 ($3.10) on Thursday. The firm has a 50 day moving average price of GBX 226.18 and a two-hundred day moving average price of GBX 224.79. The company has a market capitalization of £26.35 billion and a PE ratio of 972.31. NatWest Group has a 12-month low of GBX 182.85 ($2.24) and a 12-month high of GBX 258.10 ($3.16).

Insider Activity at NatWest Group

In other news, insider Lena Wilson acquired 10,000 shares of the firm’s stock in a transaction that occurred on Monday, June 20th. The shares were acquired at an average cost of GBX 220 ($2.70) per share, with a total value of £22,000 ($26,957.48).

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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Analyst Recommendations for NatWest Group (LON:NWG)

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