NatWest Group (LON:NWG) Given New GBX 850 Price Target at Berenberg Bank

NatWest Group (LON:NWG) had its price objective cut by investment analysts at Berenberg Bank from GBX 880 to GBX 850 in a research report issued to clients and investors on Monday, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank‘s target price would indicate a potential upside of 45.55% from the company’s current price.

Other equities analysts have also issued research reports about the stock. JPMorgan Chase & Co. lifted their price target on shares of NatWest Group from GBX 790 to GBX 830 and gave the company a “neutral” rating in a research report on Tuesday, September 15th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 840 price objective on shares of NatWest Group in a research note on Monday, August 3rd. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 770 price objective on shares of NatWest Group in a report on Friday. Citigroup raised their target price on shares of NatWest Group from GBX 840 to GBX 860 and gave the company a “buy” rating in a research note on Wednesday, September 23rd. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 725 target price on shares of NatWest Group in a research note on Monday, August 3rd. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, NatWest Group has a consensus rating of “Moderate Buy” and a consensus target price of GBX 796.43.

NatWest Group Stock Performance

Shares of LON NWG opened at GBX 584 on Monday. The stock has a market cap of £46.27 billion, a price-to-earnings ratio of 7.83, a PEG ratio of 0.46 and a beta of 0.82. The business has a 50 day simple moving average of GBX 672.17 and a 200 day simple moving average of GBX 635.63. NatWest Group has a 52 week low of GBX 504.41 and a 52 week high of GBX 788.20.

NatWest Group (LON:NWG) last released its quarterly earnings data on Friday, October 30th. The company reported GBX 20.10 EPS for the quarter. The firm had revenue of GBX 450.40 billion for the quarter. NatWest Group had a return on equity of 15.79% and a net margin of 20.53%. On average, analysts predict that NatWest Group will post 45.97 EPS for the current year.

Insider Activity at NatWest Group

In related news, insider Patrick Flynn acquired 196 shares of the company’s stock in a transaction dated Thursday, October 1st. The shares were bought at an average price of GBX 670 per share, for a total transaction of £1,313.20. Also, insider Katie Murray sold 111,000 shares of the business’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of GBX 690, for a total transaction of £765,900. Over the last 90 days, insiders have purchased 396 shares of company stock valued at $261,386. Company insiders own 0.21% of the company’s stock.

More NatWest Group News

Here are the key news stories impacting NatWest Group this week:

• Positive Sentiment: NatWest reported third-quarter revenue of approximately £450.4 billion and pre-tax profit of about £2.2 billion, with higher net interest income supporting performance. Management maintained its full-year guidance, suggesting no deterioration in its current outlook. NatWest Group Q3 Pre-tax Profit Rises on Higher Net Interest Income
• Positive Sentiment: Jefferies reaffirmed its “buy” rating and set a GBX 770 price target, substantially above the recent trading level, indicating continued broker confidence in NatWest’s valuation and earnings prospects.
• Positive Sentiment: NatWest reported the cancellation of the latest tranche of repurchased shares. Canceling buyback shares reduces the outstanding share count and can modestly support future per-share metrics. NatWest Group Cancels Latest Tranche of Share Buybacks
• Neutral Sentiment: NatWest updated its total voting rights and issued share capital as of October 30, a routine disclosure following the share repurchase activity. NatWest Updates Voting Rights and Share Capital
• Neutral Sentiment: The bank filed an FCA-approved supplement to its £40 billion Euro Medium Term Note programme, maintaining its funding and debt-issuance framework without an immediate earnings impact. NatWest Updates Euro Medium Term Note Programme
• Negative Sentiment: Although revenue beat expectations, reported EPS of GBX 20.10 missed estimates and quarterly profit was described as flat or lower year over year. That earnings-quality concern appears to be the main reason investors are selling despite resilient interest income and unchanged guidance. NatWest Q3 2026 Earnings

About NatWest Group

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.