Insider Buying: NatWest Group (LON:NWG) Insider Acquires 1,775 Shares of Stock

NatWest Group plc (LON:NWG) insider Richard Haythornthwait acquired 1,775 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was purchased at an average price of GBX 556 per share, for a total transaction of £9,869.

NatWest Group Trading Down 0.8%

LON:NWG traded down GBX 4.80 during trading hours on Thursday, hitting GBX 571.20. 133,873,094 shares of the stock were exchanged, compared to its average volume of 28,542,920. The firm’s fifty day moving average price is GBX 581.91 and its 200 day moving average price is GBX 608.03. NatWest Group plc has a 52-week low of GBX 471 and a 52-week high of GBX 705.40. The company has a market cap of £45.53 billion, a P/E 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 results on Friday, February 13th. The company reported GBX 68 earnings per share (EPS) for the quarter. NatWest Group had a return on equity of 14.55% and a net margin of 20.12%. Equities analysts expect that NatWest Group plc will post 45.9724712 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

NWG has been the topic of a number of recent research reports. Barclays restated an “equal weight” rating and set a GBX 700 price target on shares of NatWest Group in a research report on Wednesday, January 7th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 725 price objective on shares of NatWest Group in a report on Tuesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 840 target price on shares of NatWest Group in a report on Tuesday. Shore Capital Group raised NatWest Group to a “hold” rating in a report on Friday, May 1st. Finally, JPMorgan Chase & Co. lifted their price objective on NatWest Group from GBX 750 to GBX 780 and gave the stock an “overweight” rating in a research report on Monday, April 13th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price 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.