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

NatWest Group (LON:NWG) had its target price increased by JPMorgan Chase & Co. from GBX 510 ($6.60) to GBX 550 ($7.12) in a report published on Tuesday morning, MarketBeat Ratings reports. They currently have a top pick rating on the stock.

Separately, Citigroup boosted their target price on NatWest Group from GBX 580 ($7.51) to GBX 615 ($7.96) and gave the stock a “buy” rating in a report on Thursday, March 6th. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, NatWest Group currently has an average rating of “Buy” and a consensus target price of GBX 477.50 ($6.18).

NatWest Group Stock Performance

LON NWG opened at GBX 466.10 ($6.03) on Tuesday. NatWest Group has a one year low of GBX 263.70 ($3.41) and a one year high of GBX 485.51 ($6.29). The business has a fifty day moving average price of GBX 444.95 and a 200 day moving average price of GBX 400.55. The company has a market cap of £37.31 billion, a P/E ratio of 8.37, a P/E/G ratio of 0.46 and a beta of 1.28.

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

Insider Activity at NatWest Group

In other NatWest Group news, insider Stuart Lewis acquired 774 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were purchased at an average cost of GBX 397 ($5.14) per share, for a total transaction of £3,072.78 ($3,978.22). 16.15% of the stock is currently owned by insiders.

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.