Deutsche Bank Aktiengesellschaft Issues Positive Forecast for NatWest Group (LON:NWG) Stock Price

NatWest Group (LON:NWG) had its price objective increased by Deutsche Bank Aktiengesellschaft from GBX 660 to GBX 730 in a research note issued to investors on Friday, MarketBeat.com reports. The brokerage currently has a buy rating on the stock.

Other analysts have also issued reports about the stock. Jefferies Financial Group upped their price target on shares of NatWest Group from GBX 615 to GBX 630 and gave the company a “buy” rating in a research report on Tuesday, October 28th. Barclays reissued an “equal weight” rating and issued a GBX 700 target price on shares of NatWest Group in a research note on Wednesday, January 7th. Royal Bank Of Canada raised their price target on NatWest Group from GBX 650 to GBX 725 and gave the stock a “sector perform” rating in a research report on Tuesday, October 28th. Citigroup boosted their price objective on NatWest Group from GBX 690 to GBX 765 and gave the company a “buy” rating in a research report on Monday, December 1st. Finally, Shore Capital increased their price objective on NatWest Group from GBX 500 to GBX 550 and gave the company a “hold” rating in a research note on Tuesday, October 28th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 692.86.

NatWest Group Stock Performance

NWG stock opened at GBX 646.80 on Friday. The company has a market capitalization of £51.70 billion, a PE ratio of 9.91, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. NatWest Group has a one year low of GBX 380.60 and a one year high of GBX 674.20. The company’s 50 day moving average price is GBX 631.76 and its two-hundred day moving average price is GBX 570.16.

NatWest Group (LON:NWG) last announced its quarterly earnings data on Friday, October 24th. The company reported GBX 19.80 earnings per share (EPS) for the quarter. NatWest Group had a net margin of 18.21% and a return on equity of 13.29%. On average, research analysts predict that NatWest Group will post 45.9724712 EPS for the current year.

Insider Buying and Selling at NatWest Group

In other NatWest Group news, insider Geeta Gopalan bought 471 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The stock was bought at an average price of GBX 660 per share, for a total transaction of £3,108.60. Also, insider Stuart Lewis purchased 483 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was acquired at an average cost of GBX 660 per share, with a total value of £3,187.80. Insiders have purchased a total of 4,281 shares of company stock worth $2,825,460 over the last three months. 0.19% of the stock is owned by corporate insiders.

NatWest Group Company Profile

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.