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NatWest Group initiated with a Buy at Goldman Sachs

NatWest Group initiated with a Buy at Goldman Sachs

Goldman Sachs analyst Benjamin Caven-Roberts initiated coverage of NatWest Group with a Buy rating and 440 GBp price target The firm says management guidance and consensus have been reset to “overly conservative levels.” The bank show resilience in the face of lower interest rates, with improved consistency of returns and disciplined growth looking ahead, the analyst tells investors in a research note.

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