NatWest stock: Barclays lifts target from GBp 740.00 to GBp 850.00

Published on 10/20/2026 at 15:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NatWest earned GBP 1.60 billion in second-quarter 2026, up 30.00 percent. NatWest stock costs EUR 7.55 on October 20, 2026. London quotes GBp 633.20.

Barclays raises target to GBp 850.00

Barclays upgraded NatWest to Overweight and raised its target to GBp 850.00 on October 13, 2026.
NatWest reported GBP 1.60 billion net income in the second quarter of 2026, up 30.00 percent year on year.
NatWest stock costs EUR 7.55 at Lang & Schwarz on October 20, 2026 at 3:00 p.m. CEST.
NatWest lists third-quarter 2026 results for October 30, 2026.

Fotorealistisches Bürogebäude einer Großbank in Edinburgh bei Sonnenuntergang — NatWest Group plc Hauptsitz als modernes Glasgebäude in Edinburgh bei goldenem Abendlicht, ISIN GB00BM8PJ831, Illustration mit AI erstellt.

NatWest Group (ISIN GB00BM8PJY71) drew a Barclays upgrade to Overweight and a GBp 850.00 target from GBp 740.00 on October 13, 2026, as reported by Yahoo Finance. NatWest reported GBP 1.60 billion in net income for the second quarter of 2026, up 30.00 percent year on year, according to Simply Wall St. At Lang & Schwarz, the stock was trading at EUR 7.55 on October 20, 2026 at 3:00 p.m. CEST.

Profit supports the analyst case

The second-quarter result gives the Barclays call a concrete earnings backdrop. NatWest's net margin reached 36.70 percent in the same period, while net income rose from GBP 1.23 billion in the second quarter of 2025 to GBP 1.60 billion in the second quarter of 2026. The comparison points to stronger profitability, although the figures describe the reported quarter rather than a new forecast.

London trading stays below the high

NatWest traded at GBp 633.20 on the London Stock Exchange on October 20, 2026 at 2:01 p.m. BST. The price stood between the GBp 504.41 52-week low and the GBp 788.20 52-week high, leaving it GBp 155.00 below the high. Lloyds Banking Group traded at GBp 100.30 and Barclays at GBp 409.65 at the same market snapshot.

Results date is October 30

NatWest's investor calendar lists third-quarter 2026 results for October 30, 2026, according to NatWest Group. That date is the next scheduled company event in the published calendar. The second-quarter return on tangible equity was 21.00 percent, giving investors a profitability measure to compare with the next report.

Comparison with peers

NatWest Group: minus 2.28 percent, P/E 8.45. Lloyds Banking Group (LSE, GBp): minus 2.67 percent, P/E 12.45. Barclays (LSE, GBp): minus 1.88 percent, P/E 8.43.

Target and trading price

Barclays' GBp 850.00 target stood 34.17 percent above NatWest's GBp 633.20 London price on October 20, 2026. The euro quotation from Lang & Schwarz provides a separate German trading perspective at EUR 7.55.

The further course of trading is shown by the continuously updated real-time quote of NatWest stock.