NatWest Group plc (LON:NWG) Receives GBX 311.88 Average Target Price from Analysts

Shares of NatWest Group plc (LON:NWG) have received a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating and five have given a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 311.88 ($3.88).

A number of equities analysts have commented on NWG shares. JPMorgan Chase & Co. boosted their price objective on NatWest Group from GBX 270 ($3.36) to GBX 290 ($3.61) and gave the stock an “overweight” rating in a research note on Tuesday, April 9th. Berenberg Bank upped their price target on shares of NatWest Group from GBX 300 ($3.73) to GBX 325 ($4.05) and gave the stock a “buy” rating in a research report on Friday, February 16th. Keefe, Bruyette & Woods cut shares of NatWest Group to an “underperform” rating and set a GBX 230 ($2.86) price objective for the company. in a research report on Monday, February 12th. Finally, Shore Capital reaffirmed a “buy” rating on shares of NatWest Group in a research note on Thursday, February 29th.

NatWest Group Price Performance

Shares of NWG opened at GBX 272.40 ($3.39) on Monday. The business’s 50 day simple moving average is GBX 248.60 and its 200-day simple moving average is GBX 225.39. NatWest Group has a one year low of GBX 168 ($2.09) and a one year high of GBX 281 ($3.50). The company has a market capitalization of £23.81 billion, a P/E ratio of 555.92, a PEG ratio of 0.46 and a beta of 1.34.

NatWest Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, April 29th. Investors of record on Thursday, March 14th will be given a GBX 11.50 ($0.14) dividend. This represents a yield of 5.37%. This is a positive change from NatWest Group’s previous dividend of $5.50. The ex-dividend date is Thursday, March 14th. NatWest Group’s dividend payout ratio (DPR) is presently 3,469.39%.

NatWest Group Company Profile

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, Private Banking, and Commercial & Institutional segments.