NatWest Group (LON:NWG) Given Buy Rating at Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of NatWest Group (LON:NWG) in a research report released on Friday,Digital Look reports. They currently have a GBX 730 target price on the stock.

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

NatWest Group Stock Performance

LON:NWG opened at GBX 705.80 on Friday. The stock’s fifty day moving average price is GBX 642.69 and its two-hundred day moving average price is GBX 615.37. NatWest Group has a 52-week low of GBX 500.20 and a 52-week high of GBX 722.60. The company has a market cap of £56.18 billion, a price-to-earnings ratio of 10.11, a P/E/G ratio of 0.46 and a beta of 0.81.

NatWest Group (LON:NWG) last announced its quarterly earnings data on Friday, July 31st. The company reported GBX 38.10 EPS for the quarter. NatWest Group had a return on equity of 14.97% and a net margin of 20.12%. On average, equities analysts predict that NatWest Group will post 45.9724712 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Josh Critchley acquired 661 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was acquired at an average price of GBX 556 per share, for a total transaction of £3,675.16. Also, insider Richard Haythornthwait bought 1,775 shares of the business’s stock in a transaction on Tuesday, May 5th. The stock was bought at an average cost of GBX 556 per share, for a total transaction of £9,869. Insiders purchased 6,761 shares of company stock worth $4,066,780 over the last three months. 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.