Natwest Group PLC 32.5% potential upside indicated by Berenberg Bank

Natwest Group PLC with ticker (LON:NWG) now has a potential upside of 32.5% according to Berenberg Bank.



Berenberg Bank set a target price of 360 GBX for the company, which when compared to the Natwest Group PLC share price of 272 GBX at opening today (23/05/2023) indicates a potential upside of 32.5%. Trading has ranged between 211 (52 week low) and 313 (52 week high) with an average of 16,936,842 shares exchanging hands daily. The market capitalisation at the time of writing is £25,986,977,116.

NatWest Group plc is a relationship bank. The Company is principally engaged in providing a range of banking and other financial services to personal, business and commercial customers. Its segments include Retail Banking, Private Banking, Commercial & Institutional, and Central items & other. Retail Banking segment serves personal customers in the United Kingdom and includes Ulster Bank customers in Northern Ireland. Private Banking segment serves the United Kingdom connected high-net-worth individuals and their business interests. Commercial & Institutional segment includes its Commercial Banking, NatWest Markets and RBS International businesses, to support its customers across the full non-personal customer lifecycle, both domestically and internationally. Its Markets offering helps its customers manage financial risks across different geographies, while its International offering provides full-service banking operations in the Channel Islands, Isle of Man, Gibraltar and Luxembourg.