NatWest Group stock draws a higher Citigroup target
Published on 09/23/2026 at 18:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
NatWest Group stock was trading at GBp 706.20 on the London Stock Exchange on September 23, 2026, down 0.39 percent on the session and 2.73 percent below its 52-week high of GBp 726. Citigroup raised its target price from GBp 840 to GBp 860 and kept a buy rating in a report issued on September 23, 2026, according to MarketBeat.
Citigroup lifts the target
The new Citigroup target is GBp 20 above the previous GBp 840 level, a 2.38 percent increase. The target also sits above the September 23 share price, giving the analyst call a direct valuation reference for the market.
MarketBeat reported that four analysts rated NatWest Group a buy and four assigned a hold rating, with a consensus target price of GBp 769.38. That consensus is GBp 63.18 above the LSE price used in the market snapshot.
H1 returns set the benchmark
NatWest Group reported a 19.7 percent return on tangible equity for the first half of 2026 and upgraded full-year guidance to more than 19 percent, according to Scanx. Income excluding notable items rose 5.4 percent to GBP 4.4 billion in H1 2026, while costs increased 1.8 percent.
The combination matters because the bank is expanding income faster than costs in the latest half-year period. Morningstar DBRS reported H1 2026 net profit of GBP 3.2 billion, up 19 percent year over year, while return on tangible equity improved from 18.1 percent in the prior-year period to 19.7 percent, according to Morningstar DBRS.
Stock remains below yearly high
At GBp 706.20 on September 23, 2026, NatWest Group was below the 52-week high of GBp 726 and above the 52-week low of GBp 504.41. Market capitalization was GBP 56.07 billion on the same date, giving the upgraded target and the H1 profitability figures a clear market-value backdrop.
NatWest Group stock facts
- Company: NatWest Group plc
- Ticker: NWG
- Trading venue: London Stock Exchange
- Price (as of September 23, 2026): GBp 706.20
- Market capitalization: GBP 56.07 billion (as of September 23, 2026)
- 52-week range: GBp 504.41-726 (as of September 23, 2026)
- Sector / Industry: Finance / Diversified banks
