NatWest worth 470p a share, says broker - here's why
Portfolio Pulse from
Peel Hunt has raised its target price for NatWest Group PLC from 450p to 470p, citing improved earnings prospects and positive momentum. This new valuation is an 18% premium over the current share price of 397p.
December 19, 2024 | 12:30 pm
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Peel Hunt has increased its target price for NatWest Group PLC from 450p to 470p, indicating improved earnings prospects and sustained positive momentum.
The increase in target price by Peel Hunt suggests a positive outlook for NatWest's earnings and momentum, which is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100