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

NatWest Group plc (LON:NWG) has been assigned a consensus rating of “Moderate Buy” from the eight brokerages that are presently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 743.75.

Several research firms have recently weighed in on NWG. Berenberg Bank reiterated a “buy” rating and issued a GBX 860 price objective on shares of NatWest Group in a research note on Wednesday, June 24th. 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 price target on shares of NatWest Group in a research report on Tuesday, May 5th. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 725 price objective on shares of NatWest Group in a research note on Tuesday, May 5th. Finally, Jefferies Financial Group cut their price objective on NatWest Group from GBX 750 to GBX 730 and set a “buy” rating for the company in a report on Wednesday, May 6th.

NatWest Group Stock Down 0.2%

LON:NWG opened at GBX 663.20 on Friday. NatWest Group has a 12-month low of GBX 490.20 and a 12-month high of GBX 705.40. The firm has a market capitalization of £52.79 billion, a PE ratio of 9.50, a price-to-earnings-growth ratio of 0.46 and a beta of 0.81. The firm has a 50-day moving average price of GBX 620.06 and a 200 day moving average price of GBX 613.12.

Insider Buying and Selling at NatWest Group

In other news, insider Josh Critchley purchased 190 shares of NatWest Group stock in a transaction on Wednesday, July 1st. The shares were purchased at an average cost of GBX 668 per share, for a total transaction of £1,269.20. Also, insider Patrick Flynn purchased 197 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were acquired at an average price of GBX 668 per share, for a total transaction of £1,315.96. Insiders have acquired a total of 6,761 shares of company stock worth $4,066,780 over the last ninety days. Company insiders own 0.21% of the company’s stock.

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.