Berenberg raises target price on NatWest

29th Apr 2024 15:49

(Sharecast News) - Analysts at Berenberg raised their target price on banking group NatWest from 325.0p to 350.0p on Monday as it said there was "no reason" for it to trade below tangible book value.

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London close: Stocks buoyed by banking, mining positivity

26th Apr 2024 16:35

(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results from NatWest.

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Shore Capital rates NatWest a 'buy', but upside limited

26th Apr 2024 09:17

(Sharecast News) - Shore Capital has reiterated its 'buy' rating on UK banking group NatWest after a forecast-beating first quarter, but said it sees the least amount of upside potential in the stock compared with the wider banking sector.

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Quarterly profits slide at NatWest Group

26th Apr 2024 07:01

(Sharecast News) - First-quarter profits fell at NatWest Group, the banking group confirmed on Friday, although the decline was less than expected.

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Friday preview: US inflation data, NatWest Group in the spotlight

25th Apr 2024 14:01

(Sharecast News) - Financial markets' attention at the end of the week would be squarely on the latest inflation data out of the States.

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Norway wealth fund backs NatWest plan to buy back more govt stock

18th Apr 2024 09:53

(Sharecast News) - Norway's sovereign wealth fund said it would vote in favour of a proposal letting UK bank NatWest buy back more of its stock from the British government.

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Sector movers: Lenders and industrial miners pace gains amid search for yield

4th Apr 2024 15:24

(Sharecast News) - Lenders' and miners' shares helped London's top-flight index outperform amid a renewed focus on the part of some investors on so-called 'value' stocks.

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London close: Stocks reverse losses to finish slightly higher

3rd Apr 2024 16:07

(Sharecast News) - London markets saw modest gains by the close on Wednesday, following Wall Street higher in afternoon trading.

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London close: Stocks fall as US inflation tops forecasts

14th Mar 2024 16:33

(Sharecast News) - London's equity markets finished in negative territory on Thursday, driven by a flurry of stocks going ex-dividend and investor reactions to the latest US producer inflation and jobless data.

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London close: Stocks start the month with positive close

1st Mar 2024 15:06

(Sharecast News) - London's financial markets finished in positive territory on Friday, with investor sentiment buoyed by the recent easing of inflation in the United States, as market participants mulled the latest manufacturing data from the UK.

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London close: Stocks rise as UK retail sales rebound

16th Feb 2024 14:59

(Sharecast News) - London's stock markets saw positive gains on Friday, buoyed by encouraging UK retail sales data and favourable earnings reports from NatWest.

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NatWest profits soar 20% as Thwaites confirmed in CEO post

16th Feb 2024 07:03

(Sharecast News) - Scandal-hit NatWest Bank reported a better-than-expected 20% rise in pre-tax profit and confirmed Paul Thwaite as chief executive on a permanent basis.

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NatWest hires UBS banker as new Coutts head

8th Feb 2024 10:40

(Sharecast News) - NatWest Group has named Emma Crystal as the new head of Coutts, the lender confirmed on Thursday.

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NatWest on the hunt for permanent CEO - report

31st Jan 2024 14:10

(Sharecast News) - UK banking group NatWest has reportedly hired the services of a headhunter to find a permanent replacement for former chief executive Dame Alison Rose, who left the company abruptly last year as part of the Nigel Farage debanking scandal.

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Sunday newspaper round-up: NatWest, China, Vodafone

28th Jan 2024 19:32

(Sharecast News) - The Chancellor is laying the groundwork for the sale of billons of pounds worth of shares in NatWest as soon as June. A contract to a market research company has been awarded to study the public's views, alongside a tender to public relations firms and advertising companies who would work on the marketing campaign. Nevertheless, sources inside the Treasury have played down recent speculation in the City that Jeremy Hunt might announce the decision in his 6 March budget. The sale was expected to be priced at a discount. - The Sunday Times

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