JPMorgan Chase & Co. Boosts NatWest Group (LON:NWG) Price Target to GBX 550

NatWest Group (LON:NWG - Free Report) had its price target upped by JPMorgan Chase & Co. from GBX 510 ($6.60) to GBX 550 ($7.12) in a research report released on Tuesday, Marketbeat reports. They currently have a top pick rating on the stock.

Separately, Citigroup boosted their price target on shares of NatWest Group from GBX 580 ($7.51) to GBX 615 ($7.96) and gave the company a "buy" rating in a research note on Thursday, March 6th. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of GBX 477.50 ($6.18).

NatWest Group Stock Down 1.5 %

LON:NWG traded down GBX 7.20 ($0.09) during trading hours on Tuesday, reaching GBX 459.40 ($5.95). The company had a trading volume of 225,772,625 shares, compared to its average volume of 46,615,645. NatWest Group has a twelve month low of GBX 263.70 ($3.41) and a twelve month high of GBX 485.51 ($6.28). The firm has a market cap of £36.77 billion, a price-to-earnings ratio of 8.25, a P/E/G ratio of 0.46 and a beta of 1.28. The business's 50-day simple moving average is GBX 445.86 and its two-hundred day simple moving average is GBX 401.43.

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NatWest Group (LON:NWG - Get Free Report) last issued its earnings results on Friday, February 14th. The company reported GBX 52.50 ($0.68) EPS for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. As a group, equities analysts predict that NatWest Group will post 45.9724712 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Stuart Lewis acquired 774 shares of NatWest Group stock in a transaction on Thursday, January 2nd. The stock was acquired at an average cost of GBX 397 ($5.14) per share, with a total value of £3,072.78 ($3,977.19). 16.15% of the stock is currently owned by corporate insiders.

NatWest Group Company Profile

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