NatWest Group Price Target Hiked by JPMorgan Chase & Co.

NatWest Group (LON:NWG) has received an upgraded price target from JPMorgan Chase & Co., which now estimates a potential upside of 20.25% from the company's current price.

The brokerage increased its price target from GBX 790 to GBX 830 in a report released on Tuesday, according to Digital Look.

This is not the first time NatWest Group has been upgraded by analysts; multiple firms have raised their price targets for the company in recent months.

NatWest Group currently has an average rating of 'Moderate Buy' among analysts, with four firms issuing a 'Buy' rating and four giving a 'Hold' rating. The company's market cap stands at £54.80 billion, and its P/E ratio is 9.25.