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

NatWest Group plc (LON:NWGGet Rating) has received a consensus rating of “Moderate Buy” from the nine research firms that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 344.29 ($4.20).

NWG has been the topic of several recent research reports. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 300 ($3.66) target price on shares of NatWest Group in a report on Monday, October 31st. Shore Capital reiterated a “buy” rating on shares of NatWest Group in a research note on Friday, October 28th. Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 300 ($3.66) price objective on shares of NatWest Group in a research note on Thursday, November 3rd. Credit Suisse Group reiterated an “outperform” rating and issued a GBX 350 ($4.27) price objective on shares of NatWest Group in a research note on Friday, September 30th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 380 ($4.64) price objective on shares of NatWest Group in a research note on Monday, October 31st.

NatWest Group Price Performance

LON NWG opened at GBX 295.50 ($3.61) on Friday. NatWest Group has a fifty-two week low of GBX 182.85 ($2.23) and a fifty-two week high of GBX 300.40 ($3.67). The stock’s 50-day moving average is GBX 266.13 and its two-hundred day moving average is GBX 249.96. The firm has a market cap of £28.58 billion and a P/E ratio of 1,094.44.

NatWest Group Company Profile

(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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