NatWest Group plc (LON:NWG)
London flag London · Delayed Price · Currency is GBP · Price in GBX
653.40
-12.60 (-1.89%)
Oct 19, 2026, 9:48 AM 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 802p. The average 1-year stock price forecast is 22.70% higher than the current stock price, while the lowest is 650p (-0.52%) and the highest is 880p (+34.68%).

Price Target: 802p (+22.70%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price650p802p811p880p
Change-0.52%+22.70%+24.04%+34.68%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy899999
Buy333345
Hold666654
Sell000000
Strong Sell000000
Total171818181818

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
RBC Capital
RBC Capital
Hold
Maintains
725p → 700p
HoldMaintains725p → 700p+7.13%Oct 17, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
850p
BuyMaintains850p+30.09%Oct 15, 2026
Barclays
Barclays
Buy
Upgrades
740p → 850p
BuyUpgrades740p → 850p+30.09%Oct 13, 2026
Unknown Analyst
Goldman Sachs
No rating
Goldman Sachs
Hold
Maintains
780p → 790p
HoldMaintains780p → 790p+20.91%Oct 5, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
830p → 840p
BuyMaintains830p → 840p+28.56%Oct 1, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
18.12B
from 16.64B
Increased by 8.89%
Revenue Next Year
19.62B
from 18.12B
Increased by 8.28%
EPS This Year
0.75
from 0.68
Increased by 10.35%
EPS Next Year
0.85
from 0.75
Increased by 12.66%
Fiscal YearFY 2025FY 2026
Period EndingDec 31, 2025Dec 31, 2026
Revenue
16.64B18.12B
Revenue Growth
13.18%8.89%
Gross Profit
389.40M441.25M
Gross Margin
2.34%2.44%
Operating Income
8.38B9.41B
Net Income
5.83B6.01B
EPS
0.680.75
EPS Growth
23.16%10.35%
Forward PE
-8.70
Dividend / Share
0.330.37
Dividend Growth
51.16%14.91%
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
16.1%
Avg
10.4%
Low
7.1%