Brokerages Set NatWest Group plc (LON:NWG) PT at GBX 708.57

Shares of NatWest Group plc (LON:NWG) have received a consensus recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 708.57.

Several equities analysts have weighed in on the company. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 725 price target on shares of NatWest Group in a research report on Monday, February 9th. Deutsche Bank Aktiengesellschaft raised their price target on NatWest Group from GBX 730 to GBX 840 and gave the stock a “buy” rating in a research report on Friday, March 27th. Barclays reaffirmed an “equal weight” rating and set a GBX 700 price target on shares of NatWest Group in a research note on Wednesday, January 7th. Shore Capital Group reaffirmed a “hold” rating on shares of NatWest Group in a research note on Monday, February 9th. Finally, JPMorgan Chase & Co. raised their price target on shares of NatWest Group from GBX 730 to GBX 750 and gave the stock an “overweight” rating in a research note on Tuesday, January 20th.

NatWest Group Trading Up 1.5%

Shares of NWG opened at GBX 614.40 on Wednesday. The company has a 50-day moving average of GBX 594.51 and a two-hundred day moving average of GBX 600.17. The stock has a market cap of £48.97 billion, a P/E ratio of 9.12, a PEG ratio of 0.46 and a beta of 0.83. NatWest Group has a 12-month low of GBX 422.10 and a 12-month high of GBX 705.40.

NatWest Group (LON:NWG) last released its quarterly earnings results on Friday, February 13th. The company reported GBX 68 earnings per share for the quarter. NatWest Group had a return on equity of 14.33% and a net margin of 22.26%. As a group, analysts forecast that NatWest Group will post 45.9724712 EPS for the current fiscal year.

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.