NatWest Group’s (NWG) Hold Rating Reaffirmed at Shore Capital Group

NatWest Group (LON:NWG)‘s stock had its “hold” rating reaffirmed by equities research analysts at Shore Capital Group in a report issued on Monday,London Stock Exchange reports.

Several other equities research analysts have also recently commented on the stock. JPMorgan Chase & Co. boosted their price objective on shares of NatWest Group from GBX 730 to GBX 750 and gave the company an “overweight” rating in a research report on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft lifted their price target on NatWest Group from GBX 660 to GBX 730 and gave the stock a “buy” rating in a report on Friday, January 23rd. Barclays reissued an “equal weight” rating and issued a GBX 700 price objective on shares of NatWest Group in a research report on Wednesday, January 7th. Jefferies Financial Group boosted their target price on shares of NatWest Group from GBX 615 to GBX 630 and gave the company a “buy” rating in a research report on Tuesday, October 28th. Finally, Citigroup increased their target price on NatWest Group from GBX 690 to GBX 765 and gave the stock a “buy” rating in a report on Monday, December 1st. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 692.86.

NatWest Group Stock Up 1.4%

LON:NWG opened at GBX 659.40 on Monday. The firm has a market capitalization of £52.61 billion, a P/E ratio of 10.10, a P/E/G ratio of 0.46 and a beta of 1.28. NatWest Group has a 12-month low of GBX 380.60 and a 12-month high of GBX 703.60. The stock’s fifty day simple moving average is GBX 645.97 and its 200-day simple moving average is GBX 583.49.

Insider Buying and Selling

In other news, insider Stuart Lewis acquired 483 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was bought at an average cost of GBX 660 per share, for a total transaction of £3,187.80. Also, insider Geeta Gopalan acquired 471 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The stock was bought at an average price of GBX 660 per share, for a total transaction of £3,108.60. Insiders bought 4,281 shares of company stock worth $2,825,460 in the last ninety days. Corporate insiders own 0.19% of the company’s stock.

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.