Analysts Set NatWest Group plc (LON:NWG) Price Target at GBX 291.43

Shares of NatWest Group plc (LON:NWGGet Rating) have received an average rating of “Moderate Buy” from the eight analysts that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 342 ($4.19).

Several analysts have weighed in on the company. Barclays raised their price target on NatWest Group from GBX 315 ($3.86) to GBX 400 ($4.90) and gave the company an “overweight” rating in a report on Wednesday. Shore Capital reissued a “buy” rating on shares of NatWest Group in a report on Friday, July 29th. JPMorgan Chase & Co. raised their price objective on NatWest Group from GBX 240 ($2.94) to GBX 250 ($3.06) and gave the company a “neutral” rating in a report on Thursday, May 5th. Deutsche Bank Aktiengesellschaft raised their price objective on NatWest Group from GBX 330 ($4.04) to GBX 380 ($4.66) and gave the company a “buy” rating in a report on Thursday. Finally, Morgan Stanley reissued an “overweight” rating on shares of NatWest Group in a report on Wednesday, May 11th.

NatWest Group Stock Up 1.3 %

LON:NWG opened at GBX 253.20 ($3.10) on Friday. The business’s 50-day moving average price is GBX 226.18 and its two-hundred day moving average price is GBX 224.79. NatWest Group has a twelve month low of GBX 182.85 ($2.24) and a twelve month high of GBX 258.10 ($3.16). The stock has a market cap of £26.35 billion and a P/E ratio of 972.31.

NatWest Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, September 16th. Stockholders of record on Thursday, August 25th will be given a GBX 3.50 ($0.04) dividend. The ex-dividend date is Thursday, August 25th. This represents a dividend yield of 1.52%. NatWest Group’s dividend payout ratio is currently 40.38%.

Insider Transactions at NatWest Group

In other NatWest Group news, insider Lena Wilson acquired 10,000 shares of the business’s stock in a transaction dated Monday, June 20th. The shares were purchased at an average cost of GBX 220 ($2.70) per share, for a total transaction of £22,000 ($26,957.48).

About NatWest Group

(Get Rating)

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, Commercial Banking, Private Banking, RBS International, and NatWest Markets segments.

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Analyst Recommendations for NatWest Group (LON:NWG)

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