Insider Buying: NatWest Group (LON:NWG) Insider Buys £3,319.96 in Stock

NatWest Group plc (LON:NWG) insider Stuart Lewis bought 497 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The shares were acquired at an average price of GBX 668 per share, with a total value of £3,319.96.

Stuart Lewis also recently made the following trade(s):

• On Tuesday, May 5th, Stuart Lewis purchased 445 shares of NatWest Group stock. The stock was bought at an average cost of GBX 556 per share, for a total transaction of £2,474.20.

NatWest Group Stock Up 0.1%

NWG traded up GBX 0.50 on Thursday, reaching GBX 680.10. 22,131,693 shares of the company traded hands, compared to its average volume of 25,665,682. The company has a market cap of £54.16 billion, a P/E ratio of 9.74, a price-to-earnings-growth ratio of 0.46 and a beta of 0.82. NatWest Group plc has a one year low of GBX 475.44 and a one year high of GBX 705.40. The firm has a fifty day simple moving average of GBX 600.74 and a two-hundred day simple moving average of GBX 611.01.

Analysts Set New Price Targets

Several research analysts recently issued reports on NWG shares. Shore Capital Group raised NatWest Group to a “hold” rating in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 840 target price on shares of NatWest Group in a report on Tuesday, May 5th. JPMorgan Chase & Co. raised their price target on NatWest Group from GBX 750 to GBX 780 and gave the company an “overweight” rating in a research note on Monday, April 13th. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 725 price objective on shares of NatWest Group in a report on Tuesday, May 5th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 860 price objective on shares of NatWest Group in a research note on Wednesday, June 24th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 743.75.

NatWest Group Company Profile

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.