NatWest Group plc (LON:NWG) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of NatWest Group plc (LON:NWG) have been assigned a consensus recommendation of “Moderate Buy” from the seven brokerages that are covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is GBX 727.14.

Several equities analysts recently issued reports on NWG shares. Shore Capital Group upgraded NatWest Group to a “hold” rating in a research note on Friday, May 1st. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 725 price objective on shares of NatWest Group in a research note on Tuesday, May 5th. Jefferies Financial Group reduced their price objective on NatWest Group from GBX 750 to GBX 730 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 840 price objective on shares of NatWest Group in a research note on Tuesday, May 5th. Finally, JPMorgan Chase & Co. raised their price objective on NatWest Group from GBX 750 to GBX 780 and gave the stock an “overweight” rating in a research note on Monday, April 13th.

NatWest Group Trading Down 0.8%

NatWest Group stock opened at GBX 594.60 on Thursday. The stock has a market cap of £47.35 billion, a P/E ratio of 8.52, a price-to-earnings-growth ratio of 0.46 and a beta of 0.83. The stock has a 50 day moving average of GBX 577.52 and a 200-day moving average of GBX 608.84. NatWest Group has a 52 week low of GBX 471 and a 52 week high of GBX 705.40.

Insider Activity

In other news, insider Patrick Flynn acquired 415 shares of NatWest Group stock in a transaction that occurred on Tuesday, May 5th. The shares were purchased at an average cost of GBX 556 per share, for a total transaction of £2,307.40. Also, insider Roisin Donnelly acquired 466 shares of NatWest Group stock in a transaction that occurred on Tuesday, May 5th. The shares were purchased at an average price of GBX 556 per share, for a total transaction of £2,590.96. Insiders purchased a total of 4,014 shares of company stock valued at $2,231,784 over the last three months. 0.20% of the stock is currently owned by company insiders.

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.