NatWest Group plc (LON:NWG) Given Consensus Rating of “Moderate Buy” by Analysts

NatWest Group plc (LON:NWG) has been given a consensus rating of “Moderate Buy” by the seven research firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation and six have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 313.89 ($3.91).

NWG has been the topic of several research reports. Berenberg Bank boosted their price objective on shares of NatWest Group from GBX 300 ($3.73) to GBX 325 ($4.05) and gave the stock a “buy” rating in a research note on Friday, February 16th. JPMorgan Chase & Co. upped their target price on shares of NatWest Group from GBX 270 ($3.36) to GBX 290 ($3.61) and gave the company an “overweight” rating in a report on Tuesday, April 9th. Shore Capital restated a “buy” rating on shares of NatWest Group in a research report on Thursday, February 29th. Peel Hunt initiated coverage on shares of NatWest Group in a research report on Friday. They set a “buy” rating and a GBX 330 ($4.11) price objective for the company. Finally, Keefe, Bruyette & Woods downgraded shares of NatWest Group to an “underperform” rating and set a GBX 230 ($2.86) target price on the stock. in a research note on Monday, February 12th.

NatWest Group Trading Up 0.5 %

NWG stock opened at GBX 276.70 ($3.44) on Monday. The firm’s 50-day moving average price is GBX 251.12 and its two-hundred day moving average price is GBX 226.08. The stock has a market capitalization of £24.18 billion, a price-to-earnings ratio of 564.69, a PEG ratio of 0.46 and a beta of 1.34. NatWest Group has a 12-month low of GBX 168 ($2.09) and a 12-month high of GBX 281 ($3.50).

NatWest Group Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, April 29th. Investors of record on Thursday, March 14th will be issued a dividend of GBX 11.50 ($0.14) per share. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase from NatWest Group’s previous dividend of $5.50. This represents a dividend yield of 5.37%. NatWest Group’s dividend payout ratio (DPR) is currently 3,469.39%.

NatWest Group Company Profile

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, Private Banking, and Commercial & Institutional segments.