Analysts Set NatWest Group plc (LON:NWG) Target Price at GBX 674.29

Shares of NatWest Group plc (LON:NWG) have received a consensus rating of “Moderate Buy” from the seven brokerages that are covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 692.86.

NWG has been the topic of several research reports. Shore Capital lifted their price target on NatWest Group from GBX 500 to GBX 550 and gave the company a “hold” rating in a research report on Tuesday, October 28th. JPMorgan Chase & Co. boosted their target price on shares of NatWest Group from GBX 730 to GBX 750 and gave the company an “overweight” rating in a report on Tuesday, January 20th. Citigroup increased their price target on shares of NatWest Group from GBX 690 to GBX 765 and gave the stock a “buy” rating in a research note on Monday, December 1st. Jefferies Financial Group boosted their price objective on shares of NatWest Group from GBX 615 to GBX 630 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. Finally, Barclays restated an “equal weight” rating and issued a GBX 700 price objective on shares of NatWest Group in a report on Wednesday, January 7th.

NatWest Group Stock Performance

NatWest Group stock opened at GBX 666.20 on Friday. NatWest Group has a fifty-two week low of GBX 380.60 and a fifty-two week high of GBX 674.20. The stock’s 50 day simple moving average is GBX 634.47 and its two-hundred day simple moving average is GBX 573.53. The stock has a market cap of £53.25 billion, a price-to-earnings ratio of 10.20, a PEG ratio of 0.46 and a beta of 1.28.

Insider Buying and Selling

In related news, insider Yasmin Jetha acquired 181 shares of NatWest Group stock in a transaction that occurred on Friday, January 2nd. The stock was bought at an average price of GBX 660 per share, with a total value of £1,194.60. Also, insider Patrick Flynn acquired 193 shares of the stock in a transaction on Friday, January 2nd. The shares were bought at an average price of GBX 660 per share, with a total value of £1,273.80. Insiders have bought a total of 4,281 shares of company stock worth $2,825,460 over the last three months. Corporate insiders own 0.19% 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.