Deutsche Bank Aktiengesellschaft Increases NatWest Group (LON:NWG) Price Target to GBX 730

NatWest Group (LON:NWG) had its price target lifted by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 660 to GBX 730 in a report released on Friday, MarketBeat reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 12.86% from the company’s current price.

A number of other equities research analysts have also recently commented on NWG. JPMorgan Chase & Co. raised their price objective on NatWest Group from GBX 730 to GBX 750 and gave the company an “overweight” rating in a research note on Tuesday, January 20th. Shore Capital lifted their price target on shares of NatWest Group from GBX 500 to GBX 550 and gave the company a “hold” rating in a research report on Tuesday, October 28th. Royal Bank Of Canada upped their price objective on shares of NatWest Group from GBX 650 to GBX 725 and gave the stock a “sector perform” rating in a report on Tuesday, October 28th. Barclays reiterated an “equal weight” rating and set a GBX 700 price objective on shares of NatWest Group in a report on Wednesday, January 7th. Finally, Jefferies Financial Group upped their target price on shares of NatWest Group from GBX 615 to GBX 630 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 692.86.

NatWest Group Trading Down 1.0%

NWG opened at GBX 646.80 on Friday. The company has a fifty day moving average price of GBX 631.76 and a two-hundred day moving average price of GBX 570.72. NatWest Group has a 1-year low of GBX 380.60 and a 1-year high of GBX 674.20. The company has a market cap of £51.70 billion, a P/E ratio of 9.91, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28.

NatWest Group (LON:NWG) last issued its earnings results on Friday, October 24th. The company reported GBX 19.80 EPS for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. On average, research analysts forecast that NatWest Group will post 45.9724712 EPS for the current fiscal year.

Insider Transactions at NatWest Group

In other news, insider Gill Whitehead bought 500 shares of the company’s stock in a transaction on Friday, January 2nd. The shares were purchased at an average price of GBX 660 per share, with a total value of £3,300. Also, insider Yasmin Jetha bought 181 shares of NatWest Group stock in a transaction dated Friday, January 2nd. The stock was acquired at an average cost of GBX 660 per share, with a total value of £1,194.60. In the last 90 days, insiders have bought 4,281 shares of company stock worth $2,825,460. Company insiders own 0.19% 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.