Barclays raised target for NatWest stock to GBp 850.00

Published on 10/26/2026 at 16:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter profit is GBP 2.20 billion on October 30, 2026. NatWest stock costs EUR 7.65 on October 26, 2026, up 2.27 percent vs. Tradegate close.

Analyst target and reporting date

Barclays raised its NatWest target from GBp 740.00 to GBp 850.00 on October 13, 2026.
NatWest is expected to report third-quarter operating pre-tax profit of GBP 2.20 billion on October 30, 2026.
NatWest stock costs EUR 7.65 at Lang & Schwarz on October 26, 2026 at 4:42 p.m. CEST, up 2.27 percent versus the Tradegate close of October 23, 2026.
NatWest has a price-to-earnings ratio of 8.55, compared with 12.69 for Lloyds and 13.11 for HSBC.

NatWest, GB00BM8PJY71, Illustration mit AI erstellt.

Barclays raised its price target for NatWest from GBp 740.00 to GBp 850.00 and upgraded the stock to Overweight on October 13, 2026, according to Yahoo Finance. NatWest was trading at EUR 7.65 at Lang & Schwarz on October 26, 2026 at 4:42 p.m. CEST, up 2.27 percent versus the Tradegate close of EUR 7.48 on October 23, 2026.

Third-quarter results are next

NatWest is scheduled to report its third-quarter results on October 30, 2026, according to the bank's investor-relations calendar. The company is expected to post operating pre-tax profit of GBP 2.20 billion, which would be flat from the prior-year quarter, the Yorkshire Post reported on October 26, 2026.

The stock sits below its high

NatWest traded at GBp 641.00 on the London Stock Exchange at 4:51 p.m. London time on October 26, 2026. Its 52-week range was GBp 504.41 to GBp 788.20, putting the share 18.68 percent below the high and 27.08 percent above the low.

The London quote was up 2.17 percent from the previous session, while the euro quote was 2.27 percent above its Tradegate close. The Lang & Schwarz price therefore gives German investors a stronger same-day indication than the London move alone.

What does the GBp 850.00 target imply?

The Barclays target stands 24.59 percent above the London price of GBp 641.00 on October 26, 2026. Barclays cited stronger earnings prospects from higher interest rates, business growth and the integration of Evelyn, while also identifying deposit competition and possible UK banking-tax changes as risks.

NatWest valuation versus peers

NatWest's price-to-earnings ratio was 8.55 on October 26, 2026. Lloyds Banking Group stood at 12.69 and HSBC at 13.11 on the same date. The comparison places NatWest below both peers on this measure, although the three banks have different geographic and business mixes.

Comparison with peers

NatWest: up 2.27 percent, price-to-earnings ratio 8.55.
Lloyds Banking Group (London Stock Exchange, GBp): up 1.64 percent, price-to-earnings ratio 12.69.
HSBC (London Stock Exchange, GBp): up 0.98 percent, price-to-earnings ratio 13.11.

Investor dates and price perspective

The October 30 results will provide the next quantified test of NatWest's earnings outlook. For investors, the key contrast is the Barclays target of GBp 850.00 against a London price of GBp 641.00 and a euro quote of EUR 7.65.

NatWest was trading at EUR 7.65 at Lang & Schwarz on October 26, 2026 at 4:42 p.m. CEST, up 2.27 percent versus the Tradegate close of EUR 7.48 on October 23, 2026. The further course of trading is shown by the continuously updated real-time quote of NatWest stock.