NatWest Group’s (NWG) “Buy” Rating Reiterated at Shore Capital

Shore Capital reaffirmed their buy rating on shares of NatWest Group (LON:NWGGet Rating) in a research report released on Thursday, MarketBeat reports.

A number of other research analysts also recently commented on NWG. Royal Bank of Canada upped their price objective on NatWest Group from GBX 270 ($3.33) to GBX 280 ($3.45) and gave the stock an outperform rating in a research note on Tuesday, May 3rd. Berenberg Bank reissued a buy rating and issued a GBX 300 ($3.70) price target on shares of NatWest Group in a research note on Monday, May 9th. Deutsche Bank Aktiengesellschaft increased their price target on NatWest Group from GBX 315 ($3.88) to GBX 330 ($4.07) and gave the stock a buy rating in a research note on Wednesday, May 4th. JPMorgan Chase & Co. increased their price target on NatWest Group from GBX 240 ($2.96) to GBX 250 ($3.08) and gave the stock a neutral rating in a research note on Thursday, May 5th. Finally, Morgan Stanley reissued an overweight rating on shares of NatWest Group in a research note on Wednesday, May 11th. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of Buy and a consensus price target of GBX 292.14 ($3.60).

Shares of NWG opened at GBX 210.30 ($2.59) on Thursday. The company has a market cap of £22.19 billion and a P/E ratio of 7.59. The stock has a fifty day moving average price of GBX 216.54 and a 200 day moving average price of GBX 224.61. NatWest Group has a 12 month low of GBX 182.85 ($2.25) and a 12 month high of GBX 258.10 ($3.18).

About NatWest Group (Get Rating)

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Commercial Banking, Private Banking, RBS International, and NatWest Markets segments.

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Analyst Recommendations for NatWest Group (LON:NWG)

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