NatWest Group (LON:NWG) Earns Hold Rating from Shore Capital Group

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

NWG has been the subject of several other research reports. Barclays reaffirmed an “equal weight” rating and set a GBX 700 target price on shares of NatWest Group in a report on Wednesday, January 7th. Jefferies Financial Group upped their target price on NatWest Group from GBX 615 to GBX 630 and gave the company a “buy” rating in a research report on Tuesday, October 28th. JPMorgan Chase & Co. lifted their price target on NatWest Group from GBX 730 to GBX 750 and gave the stock an “overweight” rating in a report on Tuesday, January 20th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 725 price objective on shares of NatWest Group in a report on Monday. Finally, Citigroup lifted 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 analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 692.86.

NatWest Group Price Performance

NWG stock opened at GBX 605 on Monday. NatWest Group has a one year low of GBX 380.60 and a one year high of GBX 705.40. The stock has a market cap of £48.27 billion, a price-to-earnings ratio of 9.26, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. The company has a fifty day moving average price of GBX 645.90 and a two-hundred day moving average price of GBX 585.20.

Insider Activity at NatWest Group

In other news, insider Gill Whitehead acquired 500 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was acquired at an average price of GBX 660 per share, with a total value of £3,300. Also, insider Stuart Lewis bought 483 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was purchased at an average cost of GBX 660 per share, for a total transaction of £3,187.80. Insiders acquired a total of 4,281 shares of company stock worth $2,825,460 in the last quarter. 0.19% of the stock is currently owned by corporate insiders.

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.