NatWest Group (LON:NWG) Insider Gill Whitehead Purchases 500 Shares

NatWest Group plc (LON:NWG) insider Gill Whitehead purchased 500 shares of the business’s stock in a transaction dated Friday, January 2nd. The shares were purchased at an average price of GBX 660 per share, with a total value of £3,300.

NatWest Group Price Performance

NWG traded up GBX 8 during trading hours on Monday, reaching GBX 665.60. The company’s stock had a trading volume of 13,542,105 shares, compared to its average volume of 8,693,481. The stock has a market cap of £53.26 billion, a PE ratio of 10.19, a P/E/G ratio of 0.46 and a beta of 1.28. NatWest Group plc has a fifty-two week low of GBX 369 and a fifty-two week high of GBX 668.80. The business’s 50-day moving average is GBX 617.02 and its 200-day moving average is GBX 555.63.

NatWest Group (LON:NWG) last posted its earnings results on Friday, October 24th. The company reported GBX 19.80 EPS for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. Analysts expect that NatWest Group plc will post 45.9724712 EPS for the current year.

Wall Street Analysts Forecast Growth

NWG has been the topic of a number of research analyst reports. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 730 price target on shares of NatWest Group in a research note on Tuesday, December 2nd. Jefferies Financial Group boosted their target price on NatWest Group from GBX 615 to GBX 630 and gave the company a “buy” rating in a research report on Tuesday, October 28th. Shore Capital raised their price target on NatWest Group from GBX 500 to GBX 550 and gave the stock a “hold” rating in a research report on Tuesday, October 28th. Royal Bank Of Canada lifted their price objective on NatWest Group from GBX 650 to GBX 725 and gave the company a “sector perform” rating in a research note on Tuesday, October 28th. Finally, Citigroup increased their target price on NatWest Group from GBX 690 to GBX 765 and gave the stock a “buy” rating in a research note on Monday, December 1st. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 666.67.

About NatWest Group

We’re a UK-focussed bank serving over 20 million customers, with businesses across retail, commercial and private banking markets.

With a brand history stretching back nearly 300 years, we have our roots in the communities we serve across every nation and region of the UK. Our brands include NatWest, Royal Bank of Scotland, Ulster Bank and Coutts.