NatWest Group (LON:NWG) Rating Increased to Hold at Shore Capital Group

Shore Capital Group upgraded shares of NatWest Group (LON:NWG) to a hold rating in a report published on Friday morning, MarketBeat.com reports.

Several other research firms have also commented on NWG. Deutsche Bank Aktiengesellschaft boosted their price target on shares of NatWest Group from GBX 730 to GBX 840 and gave the company a “buy” rating in a report on Friday, March 27th. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 725 price target on shares of NatWest Group in a report on Monday, February 9th. JPMorgan Chase & Co. boosted their price target on shares of NatWest Group from GBX 750 to GBX 780 and gave the company an “overweight” rating in a report on Monday, April 13th. Finally, Barclays restated an “equal weight” rating and issued a GBX 700 price target on shares of NatWest Group in a report on Wednesday, January 7th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 712.86.

NatWest Group Price Performance

Shares of LON:NWG traded down GBX 23.70 during trading hours on Friday, hitting GBX 561.50. The company’s stock had a trading volume of 2,068,717,250 shares, compared to its average volume of 51,657,109. NatWest Group has a 52 week low of GBX 468 and a 52 week high of GBX 705.40. The company has a market capitalization of £44.76 billion, a price-to-earnings ratio of 8.33, a P/E/G ratio of 0.46 and a beta of 0.83. The firm’s fifty day moving average price is GBX 583.89 and its 200 day moving average price is GBX 606.88.

NatWest Group (LON:NWG) last posted its quarterly earnings results on Friday, February 13th. The company reported GBX 68 EPS for the quarter. NatWest Group had a net margin of 22.26% and a return on equity of 14.33%. On average, equities research analysts predict that NatWest Group will post 45.9724712 earnings per share for the current fiscal year.

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.