NatWest Group (LON:NWG) Price Target Raised to GBX 750 at JPMorgan Chase & Co.

NatWest Group (LON:NWG) had its price objective increased by JPMorgan Chase & Co. from GBX 730 to GBX 750 in a research report sent to investors on Tuesday morning, Marketbeat reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

Several other equities analysts have also recently weighed in on NWG. Barclays reiterated an “equal weight” rating and issued a GBX 700 price objective on shares of NatWest Group in a research note on Wednesday, January 7th. Citigroup increased their price target on shares of NatWest Group from GBX 690 to GBX 765 and gave the stock a “buy” rating in a research report on Monday, December 1st. Shore Capital lifted their price target on shares of NatWest Group from GBX 500 to GBX 550 and gave the stock a “hold” rating in a research note on Tuesday, October 28th. Jefferies Financial Group boosted their price objective on shares of NatWest Group from GBX 615 to GBX 630 and gave the company a “buy” rating in a research report on Tuesday, October 28th. Finally, Royal Bank Of Canada upped their price objective on NatWest Group from GBX 650 to GBX 725 and gave the stock a “sector perform” rating in a research note on Tuesday, October 28th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, NatWest Group presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 674.29.

NatWest Group Trading Up 0.9%

NatWest Group stock opened at GBX 651.80 on Tuesday. NatWest Group has a 12 month low of GBX 380.60 and a 12 month high of GBX 674.20. The company has a market capitalization of £52.10 billion, a price-to-earnings ratio of 9.98, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. The business’s fifty day simple moving average is GBX 629.60 and its two-hundred day simple moving average is GBX 567.84.

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

Insider Buying and Selling

In other NatWest Group news, insider Gill Whitehead acquired 500 shares of the company’s stock in a transaction dated Friday, January 2nd. The stock was purchased at an average price of GBX 660 per share, with a total value of £3,300. Also, insider Roisin Donnelly bought 470 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The shares were acquired at an average price of GBX 660 per share, with a total value of £3,102. Insiders have purchased a total of 4,281 shares of company stock worth $2,825,460 in the last three months. Corporate insiders own 0.19% of the company’s stock.

NatWest Group Company Profile

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.