NatWest Group plc (LON:NWG)
London flag London · Delayed Price · Currency is GBP · Price in GBX
690.00
-4.40 (-0.63%)
Sep 28, 2026, 4:42 PM GMT

NatWest Group Stock Forecast

Stock Price Forecast

According to 18 analysts polled by S&P Global, NatWest Group stock has a consensus rating of "Buy" and an average price target of 795p. The average 1-year stock price forecast is 15.19% higher than the current stock price, while the lowest is 650p (-5.80%) and the highest is 880p (+27.54%).

Price Target: 795p (+15.19%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price650p795p791p880p
Change-5.80%+15.19%+14.64%+27.54%

Analyst Ratings

The average analyst rating for NatWest Group stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy889009
Buy233004
Hold766005
Sell000000
Strong Sell000000
Total1717180018

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Hold
Maintains
740p
HoldMaintains740p+7.25%Sep 16, 2026
J.P. Morgan
J.P. Morgan
Buy
Reiterates
790p → 830p
BuyReiterates790p → 830p+20.29%Sep 15, 2026
Jefferies
Jefferies
Buy
Maintains
730p → 770p
BuyMaintains730p → 770p+11.59%Sep 2, 2026
Morgan Stanley
Morgan Stanley
Buy
Upgrades
750p → 850p
BuyUpgrades750p → 850p+23.19%Sep 2, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
800p → 850p
BuyReiterates800p → 850p+23.19%Sep 1, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
18.13B
from 16.64B
Increased by 8.93%
Revenue Next Year
19.62B
from 18.13B
Increased by 8.25%
EPS This Year
0.75
from 0.68
Increased by 10.90%
EPS Next Year
0.85
from 0.75
Increased by 12.28%
Fiscal YearFY 2025FY 2026
Period EndingDec 31, 2025Dec 31, 2026
Revenue
16.64B18.13B
Revenue Growth
13.18%8.93%
Gross Profit
389.40M438.36M
Gross Margin
2.34%2.42%
Operating Income
8.38B9.42B
Net Income
5.83B6.02B
EPS
0.680.75
EPS Growth
23.16%10.90%
Forward PE
-9.14
Dividend / Share
0.330.37
Dividend Growth
51.16%14.76%
No. Analysts
-16
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is GBP.

Revenue Forecast

Revenue202620272028
High18.3B
Avg18.1B
Low17.9B

Revenue Growth

Revenue Growth202620272028
High
10.0%
Avg
8.9%
Low
7.7%

EPS Forecast

EPS202620272028
High0.79
Avg0.75
Low0.73

EPS Growth

EPS Growth202620272028
High
15.8%
Avg
10.9%
Low
8.0%