NatWest Group (LON:NWG) Now Covered by Analysts at Peel Hunt

Peel Hunt started coverage on shares of NatWest Group (LON:NWG) in a report published on Friday, Marketbeat Ratings reports. The brokerage issued a buy rating and a GBX 330 ($4.11) target price on the stock.

NWG has been the subject of a number of other reports. Berenberg Bank lifted their price target on shares of NatWest Group from GBX 300 ($3.73) to GBX 325 ($4.05) and gave the stock a buy rating in a research note on Friday, February 16th. Shore Capital reissued a buy rating on shares of NatWest Group in a research report on Thursday, February 29th. Keefe, Bruyette & Woods cut shares of NatWest Group to an underperform rating and set a GBX 230 ($2.86) price objective for the company. in a research report on Monday, February 12th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of NatWest Group from GBX 270 ($3.36) to GBX 290 ($3.61) and gave the company an overweight rating in a research report on Tuesday, April 9th. One research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of Moderate Buy and a consensus target price of GBX 313.89 ($3.91).

NatWest Group Trading Up 0.5 %

NWG stock opened at GBX 276.70 ($3.44) on Friday. NatWest Group has a 12 month low of GBX 168 ($2.09) and a 12 month high of GBX 281 ($3.50). The company has a 50-day moving average price of GBX 251.12 and a 200 day moving average price of GBX 226.10. The stock has a market cap of £24.18 billion, a PE ratio of 564.69, a P/E/G ratio of 0.46 and a beta of 1.34.

NatWest Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, April 29th. Stockholders of record on Thursday, March 14th will be issued a GBX 11.50 ($0.14) dividend. The ex-dividend date of this dividend is Thursday, March 14th. This represents a dividend yield of 5.37%. This is a positive change 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.