Geeta Gopalan Acquires 158 Shares of NatWest Group (LON:NWG) Stock

NatWest Group plc (LON:NWG) insider Geeta Gopalan bought 158 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was acquired at an average cost of GBX 556 per share, for a total transaction of £878.48.

NatWest Group Price Performance

NWG traded down GBX 4.80 during midday trading on Thursday, reaching GBX 571.20. 133,873,094 shares of the company’s stock traded hands, compared to its average volume of 28,542,920. NatWest Group plc has a 52 week low of GBX 471 and a 52 week high of GBX 705.40. The firm has a fifty day moving average of GBX 581.91 and a two-hundred day moving average of GBX 608.03. The stock has a market capitalization of £45.53 billion, a price-to-earnings ratio of 8.18, a P/E/G ratio of 0.46 and a beta of 0.83.

NatWest Group (LON:NWG) last issued its quarterly earnings data on Friday, February 13th. The company reported GBX 68 earnings per share for the quarter. NatWest Group had a return on equity of 14.55% and a net margin of 20.12%. Sell-side analysts forecast that NatWest Group plc will post 45.9724712 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on NWG shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 840 price target on shares of NatWest Group in a report on Tuesday. Barclays reaffirmed an “equal weight” rating and issued a GBX 700 target price on shares of NatWest Group in a research report on Wednesday, January 7th. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 725 price target on shares of NatWest Group in a research report on Tuesday. JPMorgan Chase & Co. increased their price target on shares of NatWest Group from GBX 750 to GBX 780 and gave the stock an “overweight” rating in a research note on Monday, April 13th. Finally, Jefferies Financial Group cut their price objective on NatWest Group from GBX 750 to GBX 730 and set a “buy” rating on the stock in a research report on Wednesday. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 727.14.

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.