NatWest Group (LON:NWG) Given “Hold” Rating at Shore Capital

Shore Capital reissued their hold rating on shares of NatWest Group (LON:NWG) in a research note published on Monday, Marketbeat reports.

A number of other equities research analysts have also weighed in on NWG. JPMorgan Chase & Co. lifted their target price on NatWest Group from GBX 510 ($6.91) to GBX 550 ($7.45) and gave the company a “top pick” rating in a research report on Tuesday, March 25th. Citigroup lifted their target price on NatWest Group from GBX 580 ($7.86) to GBX 615 ($8.33) and gave the company a “buy” rating in a research report on Thursday, March 6th.

NatWest Group Stock Up 0.6%

NWG opened at GBX 527.60 ($7.15) on Monday. The business has a fifty day moving average of GBX 474.89 and a 200 day moving average of GBX 441.47. NatWest Group has a 52-week low of GBX 300.40 ($4.07) and a 52-week high of GBX 531 ($7.19). The stock has a market cap of £42.23 billion, a P/E ratio of 9.47, a PEG ratio of 0.46 and a beta of 1.28.

NatWest Group (LON:NWG) last posted its quarterly earnings data on Friday, May 2nd. The company reported GBX 15.50 ($0.21) earnings per share (EPS) for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. Equities analysts anticipate that NatWest Group will post 45.9724712 EPS for the current fiscal year.

Insider Activity at NatWest Group

In other NatWest Group news, insider Lena Wilson bought 261 shares of NatWest Group stock in a transaction that occurred on Tuesday, April 1st. The shares were bought at an average cost of GBX 454 ($6.15) per share, with a total value of £1,184.94 ($1,605.17). 16.15% of the stock is currently owned by corporate insiders.

About NatWest Group

NatWest Group is a UK-focused banking organisation, serving over 19 million customers, with business operations stretching across retail, commercial and private banking markets.