Citigroup Raises NatWest Group (LON:NWG) Price Target to GBX 615

NatWest Group (LON:NWG - Get Free Report) had its target price increased by investment analysts at Citigroup from GBX 580 ($7.49) to GBX 615 ($7.95) in a research report issued to clients and investors on Thursday, MarketBeat Ratings reports. The brokerage currently has a "buy" rating on the stock. Citigroup's target price points to a potential upside of 35.14% from the stock's current price.

Separately, JPMorgan Chase & Co. increased their price objective on NatWest Group from GBX 500 ($6.46) to GBX 510 ($6.59) and gave the stock an "overweight" rating in a report on Wednesday, February 19th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, NatWest Group presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 467.50 ($6.04).

NatWest Group Trading Down 2.0 %

LON NWG traded down GBX 9.20 ($0.12) on Thursday, hitting GBX 455.10 ($5.88). The company's stock had a trading volume of 28,175,332 shares, compared to its average volume of 27,691,264. NatWest Group has a 52-week low of GBX 237.30 ($3.07) and a 52-week high of GBX 484.30 ($6.26). The company's 50-day simple moving average is GBX 429.05 and its 200 day simple moving average is GBX 389.57. The firm has a market cap of £36.43 billion, a P/E ratio of 8.17, a PEG ratio of 0.46 and a beta of 1.28.

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NatWest Group (LON:NWG - Get Free Report) last released its quarterly earnings data on Friday, February 14th. The company reported GBX 52.50 ($0.68) earnings per share for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. On average, research analysts forecast that NatWest Group will post 45.9724712 EPS for the current fiscal year.

Insider Transactions at NatWest Group

In other news, insider Stuart Lewis bought 774 shares of the firm's stock in a transaction dated Thursday, January 2nd. The stock was purchased at an average price of GBX 397 ($5.13) per share, with a total value of £3,072.78 ($3,970.51). Corporate insiders own 16.15% of the company's stock.

About NatWest Group

NatWest Group is a UK-focused banking organisation, serving over 19 million customers, with business operations stretching across retail, commercial and private banking markets.