Shore Capital Reiterates “Buy” Rating for NatWest Group (LON:NWG)

NatWest Group (LON:NWG)‘s stock had its “buy” rating reiterated by Shore Capital in a report released on Friday, Marketbeat.com reports.

Other equities analysts have also issued research reports about the stock. Keefe, Bruyette & Woods lowered shares of NatWest Group to an “underperform” rating and set a GBX 230 ($2.84) price target on the stock. in a research report on Monday, February 12th. Berenberg Bank lifted their target price on shares of NatWest Group from GBX 300 ($3.71) to GBX 325 ($4.01) and gave the stock a “buy” rating in a report on Friday, February 16th. Peel Hunt began coverage on shares of NatWest Group in a report on Friday, April 19th. They set a “buy” rating and a GBX 330 ($4.08) price target for the company. Finally, JPMorgan Chase & Co. raised their price target on NatWest Group from GBX 270 ($3.33) to GBX 290 ($3.58) and gave the company an “overweight” rating in a research report on Tuesday, April 9th. One investment analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 313.89 ($3.88).

NatWest Group Trading Up 6.1 %

Shares of LON:NWG opened at GBX 307.40 ($3.80) on Friday. The stock has a market capitalization of £26.87 billion, a PE ratio of 627.35, a P/E/G ratio of 0.46 and a beta of 1.34. NatWest Group has a 1 year low of GBX 168 ($2.08) and a 1 year high of GBX 308.70 ($3.81). The firm has a fifty day moving average price of GBX 258.79 and a 200 day moving average price of GBX 228.38.

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.