NatWest Group plc (LON:NWG) Receives Consensus Rating of “Moderate Buy” from Brokerages

NatWest Group plc (LON:NWG) has been given a consensus recommendation of “Moderate Buy” by the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is GBX 712.86.

Several equities research analysts have commented on NWG shares. Deutsche Bank Aktiengesellschaft boosted their target price on NatWest Group from GBX 730 to GBX 840 and gave the stock a “buy” rating in a report on Friday, March 27th. Shore Capital Group upgraded NatWest Group to a “hold” rating in a report on Friday. JPMorgan Chase & Co. lifted their price target on NatWest Group from GBX 750 to GBX 780 and gave the stock an “overweight” rating in a research report on Monday, April 13th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 725 price target on shares of NatWest Group in a research note on Monday, February 9th. Finally, Barclays restated an “equal weight” rating and set a GBX 700 price objective on shares of NatWest Group in a research note on Wednesday, January 7th.

NatWest Group Stock Performance

NWG stock opened at GBX 561.50 on Friday. The firm has a 50 day moving average price of GBX 583.89 and a 200-day moving average price of GBX 607.32. NatWest Group has a 52-week low of GBX 468 and a 52-week high of GBX 705.40. The firm has a market capitalization of £44.76 billion, a price-to-earnings ratio of 8.33, a PEG ratio of 0.46 and a beta of 0.83.

NatWest Group (LON:NWG) last posted 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 14.55% and a net margin of 20.12%. As a group, sell-side analysts forecast that NatWest Group will post 45.9724712 earnings per share 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.