Shares of NatWest Group plc (LON:NWG – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 311.88 ($3.88).
A number of analysts have recently weighed in on NWG shares. Shore Capital reaffirmed a “buy” rating on shares of NatWest Group in a research report on Thursday, February 29th. Berenberg Bank lifted their price objective on NatWest Group from GBX 300 ($3.73) to GBX 325 ($4.05) and gave the company a “buy” rating in a research note on Friday, February 16th. JPMorgan Chase & Co. boosted their price objective 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. Finally, Keefe, Bruyette & Woods cut shares of NatWest Group to an “underperform” rating and set a GBX 230 ($2.86) target price on the stock. in a report on Monday, February 12th.
View Our Latest Research Report on NWG
NatWest Group Stock Performance
NatWest Group Increases Dividend
The business also recently disclosed a dividend, which will be paid on Monday, April 29th. Stockholders of record on Thursday, March 14th will be given a dividend of GBX 11.50 ($0.14) per share. This represents a dividend yield of 5.37%. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase from NatWest Group’s previous dividend of $5.50. NatWest Group’s payout ratio is currently 3,469.39%.
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.
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