Barclays raises target for NatWest stock from GBp 740 to GBp 850

Published on 10/26/2026 at 10:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NatWest expects GBP 2.2 billion in operating pre-tax profit for Q3 on October 30. NatWest stock costs EUR 7.59 at Lang & Schwarz on October 26, 2026.

Barclays target and results date

Barclays lifted its NatWest target from GBp 740.00 to GBp 850.00 on October 13, 2026.
NatWest reported a 19.70 percent RoTE for the first half of 2026.
NatWest stock trades at EUR 7.59 at 10:42 a.m. CEST at Lang & Schwarz on October 26, 2026.

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 due to report third-quarter results on October 30 after Barclays raised its price target to GBp 850.00 from GBp 740.00 on October 13, 2026. The bank is expected to post operating pre-tax profit of GBP 2.2 billion for the quarter, according to Yorkshire Post.

Barclays sees earnings upside

According to Markets Insider on October 13, 2026, Barclays upgraded NatWest from Equal Weight to Overweight and lifted its target from GBp 740.00 to GBp 850.00. The research cited earnings upside from higher rates, continued growth and the Evelyn wealth-management business.

The target change gives investors a clear reference point before the results. Barclays also described deposit and funding costs as a partial offset, keeping the bank's revenue outlook tied to both interest income and customer funding behavior.

What did the first half deliver?

NatWest reported a 19.70 percent return on tangible equity and GBP 3.035 billion of attributable profit for the first half of 2026, according to NatWest Group. The same investor-relations page lists the third-quarter results for October 30, 2026.

Three dates shape the setup

On July 31, 2026, NatWest published its half-year results, including the 19.70 percent RoTE. On October 13, 2026, Barclays raised its target from GBp 740.00 to GBp 850.00. On October 26, 2026, the Yorkshire Post reported the GBP 2.2 billion operating pre-tax profit expectation for the October 30 results.

Next dates for NatWest

The next scheduled event is the third-quarter results release on October 30, 2026. NatWest's investor-relations calendar also lists annual results for February 12, 2027.

Stock price before the results

NatWest is a UK bank serving more than 20 million customers through retail, commercial and private banking operations. Its upcoming results will test whether the first-half RoTE of 19.70 percent and the GBP 2.2 billion operating profit expectation can support Barclays' higher valuation view.

NatWest stock was trading at EUR 7.59 at Lang & Schwarz on October 26, 2026 at 10:42 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of NatWest stock.