NatWest stock: Barclays lifted target for NatWest stock to GBp 850.00

Published on 10/23/2026 at 16:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Barclays lifted target to GBp 850.00 on October 13, 2026. NatWest stock costs EUR 7.43 on October 23, 2026, down 1.67 percent versus Xetra close.

Barclays target raised

Barclays lifted its NatWest target from GBp 740.00 to GBp 850.00 on October 13, 2026.
Second-quarter 2026 net income reached GBP 1.60 billion, up 30.00 percent year over year.
NatWest stock costs EUR 7.43 at Lang & Schwarz on October 23, 2026 at 4:08 p.m. CEST, 1.67 percent below the Xetra close of October 22, 2026.
NatWest Group lists third-quarter results for October 30, 2026, and annual results for February 12, 2027.

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) is trading at EUR 7.43 at Lang & Schwarz on October 23, 2026 at 4:08 p.m. CEST, down 1.67 percent versus the Xetra close of October 22, 2026 at EUR 7.56. Barclays lifted its target for the bank from GBp 740.00 to GBp 850.00 on October 13, 2026, after upgrading the rating from Equal Weight to Overweight, as Yahoo Finance reported. The new target was 25.88 percent above the quoted London price of GBp 675.20 on that date.

Second-quarter profit rose 30.00 percent

NatWest's second-quarter 2026 net income reached GBP 1.60 billion, up 30.00 percent from GBP 1.23 billion in the second quarter of 2025. Revenue rose 14.00 percent to GBP 4.36 billion from GBP 3.82 billion, while profit margin increased to 37.00 percent from 32.00 percent, according to Simply Wall St in its October 2026 stock report.

The annual range remains wide

Simply Wall St listed NatWest's 52-week range at GBp 504.00 to GBp 788.00 in its October 21, 2026 report. The range puts the latest London quote cited in that report at GBp 649.00, while the euro quotation gives German investors a separate trading view. NatWest is listed on the London Stock Exchange under ticker NWG, with the FTSE 100 as its home-market benchmark.

October 30 is the next date

NatWest Group lists its third-quarter 2026 results for October 30, 2026 and its annual results for February 12, 2027 on its investor-relations page. The October release will test whether the second-quarter combination of higher income and a 37.00 percent profit margin carried into the next reporting period, while the Barclays case rests on earnings potential from rates, business expansion and the Evelyn wealth-management acquisition.

That view also has identifiable counterweights. Barclays cited competition for customer deposits and possible UK banking-tax changes as risks to profitability, even while arguing that the valuation did not fully reflect the bank's earnings prospects and wealth-management expansion, according to Yahoo Finance.

Price stays below the recent close

The euro quote was trading at EUR 7.43 at Lang & Schwarz on October 23, 2026 at 4:08 p.m. CEST, 1.67 percent below the Xetra close of October 22, 2026 at EUR 7.56. The next firm date for investors is October 30, 2026, when NatWest is scheduled to publish its third-quarter results. The further course of trading is shown by the continuously updated real-time quote of NatWest stock.