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

NatWest Group plc (LON:NWGGet Free Report) has been given an average recommendation of “Moderate Buy” by the seven analysts that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 313.89 ($3.91).

Several brokerages have recently commented on NWG. Shore Capital reiterated a “buy” rating on shares of NatWest Group in a research report on Thursday, February 29th. Keefe, Bruyette & Woods lowered NatWest Group to an “underperform” rating and set a GBX 230 ($2.86) target price for the company. in a research report on Monday, February 12th. Berenberg Bank lifted their target price on NatWest Group from GBX 300 ($3.73) to GBX 325 ($4.05) and gave the stock a “buy” rating in a research report on Friday, February 16th. Peel Hunt began coverage on NatWest Group in a research report on Friday. They issued a “buy” rating and a GBX 330 ($4.11) target price for the company. Finally, JPMorgan Chase & Co. lifted their target price on NatWest Group from GBX 270 ($3.36) to GBX 290 ($3.61) and gave the stock an “overweight” rating in a research report on Tuesday, April 9th.

Read Our Latest Stock Analysis on NWG

NatWest Group Stock Up 1.4 %

Shares of LON NWG opened at GBX 280.60 ($3.49) on Monday. NatWest Group has a fifty-two week low of GBX 168 ($2.09) and a fifty-two week high of GBX 281.60 ($3.51). The business has a 50 day moving average price of GBX 251.12 and a two-hundred day moving average price of GBX 226.10. The firm has a market cap of £24.52 billion, a PE ratio of 572.96, a price-to-earnings-growth ratio of 0.46 and a beta of 1.34.

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 GBX 11.50 ($0.14) dividend. This is an increase from NatWest Group’s previous dividend of $5.50. The ex-dividend date is Thursday, March 14th. This represents a dividend yield of 5.37%. NatWest Group’s dividend payout ratio (DPR) is 3,469.39%.

About NatWest Group

(Get Free Report

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.

Further Reading

Analyst Recommendations for NatWest Group (LON:NWG)

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