NatWest Group plc (LON:NWG) Given Average Rating of “Moderate Buy” by Brokerages

Shares of NatWest Group plc (LON:NWG) have earned a consensus rating of “Moderate Buy” from the eight brokerages that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is GBX 761.88.

Several analysts recently issued reports on the stock. JPMorgan Chase & Co. upped their price objective on shares of NatWest Group from GBX 780 to GBX 790 and gave the company an “overweight” rating in a research note on Monday, August 3rd. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 725 target price on shares of NatWest Group in a research note on Monday, August 3rd. Jefferies Financial Group restated a “buy” rating and set a GBX 770 target price on shares of NatWest Group in a report on Wednesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 840 price target on shares of NatWest Group in a research report on Monday, August 3rd. Finally, Berenberg Bank increased their price target on NatWest Group from GBX 860 to GBX 880 and gave the company a “buy” rating in a report on Monday, August 3rd.

Insider Activity at NatWest Group

In other NatWest Group news, insider Geeta Gopalan acquired 487 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was purchased at an average cost of GBX 668 per share, with a total value of £3,253.16. Also, insider Katie Murray sold 111,000 shares of NatWest Group stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of GBX 690, for a total transaction of £765,900. Insiders have acquired 2,747 shares of company stock valued at $1,834,996 over the last 90 days. Corporate insiders own 0.21% of the company’s stock.

NatWest Group Trading Up 0.3%

Shares of NWG stock opened at GBX 699.39 on Friday. The company has a market capitalization of £55.67 billion, a P/E ratio of 9.38, a P/E/G ratio of 0.46 and a beta of 0.81. The business’s 50 day moving average is GBX 684.35 and its two-hundred day moving average is GBX 623.96. NatWest Group has a 12-month low of GBX 504 and a 12-month high of GBX 726.

NatWest Group (LON:NWG) last posted its quarterly earnings data on Friday, July 31st. The company reported GBX 38.10 earnings per share for the quarter. NatWest Group had a net margin of 21.17% and a return on equity of 16.16%. On average, research analysts predict that NatWest Group will post 45.9724712 earnings per share for the current fiscal year.

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.