NatWest Group (LON:NWG) Price Target Raised to GBX 780 at JPMorgan Chase & Co.

NatWest Group (LON:NWG) had its price target lifted by JPMorgan Chase & Co. from GBX 750 to GBX 780 in a research note published on Monday morning,Digital Look reports. The firm currently has an overweight rating on the stock.

Other analysts also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft boosted their target price on shares of NatWest Group from GBX 730 to GBX 840 and gave the company a “buy” rating in a research note on Friday, March 27th. Barclays reissued an “equal weight” rating and set a GBX 700 target price on shares of NatWest Group in a research note on Wednesday, January 7th. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 725 target price on shares of NatWest Group in a research note on Monday, February 9th. Finally, Shore Capital Group reissued a “hold” rating on shares of NatWest Group in a research note on Monday, February 9th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 712.86.

NatWest Group Stock Performance

Shares of LON:NWG opened at GBX 607.70 on Monday. NatWest Group has a one year low of GBX 436.80 and a one year high of GBX 705.40. The stock has a fifty day moving average of GBX 593.32 and a 200-day moving average of GBX 602.09. The company has a market capitalization of £48.44 billion, a PE ratio of 9.02, a price-to-earnings-growth ratio of 0.46 and a beta of 0.83.

NatWest Group (LON:NWG) last announced its quarterly earnings data on Friday, February 13th. The company reported GBX 68 EPS for the quarter. NatWest Group had a return on equity of 14.33% and a net margin of 22.26%. As a group, research 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.