NatWest's Price Target Revised to 595 GBp by Citi Analyst, Maintain Buy Recommendation

Citi analyst Andrew Coombs has reduced NatWest's price target to 595 GBp from 610 GBp, but maintains a Buy recommendation. Despite the revision, the bank's potential is still seen as strong, with robust revenue growth and healthy profitability metrics. However, the balance sheet shows a high debt-to-equity ratio, and the stock is modestly overvalued. Investors should consider these insights when deciding on their strategies regarding NWG.