NatWest Group (LON:NWG) Earns “Sector perform” Rating from Royal Bank Of Canada

NatWest Group (LON:NWG)‘s stock had its “sector perform” rating reiterated by research analysts at Royal Bank Of Canada in a research note issued to investors on Monday, Marketbeat Ratings reports. They currently have a GBX 725 target price on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 19.83% from the stock’s current price.

A number of other analysts have also recently weighed in on the company. Shore Capital Group upped 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. Citigroup upped their target price on shares of NatWest Group from GBX 690 to GBX 765 and gave the stock a “buy” rating in a report on Monday, December 1st. Barclays reiterated an “equal weight” rating and set a GBX 700 target price on shares of NatWest Group in a research report on Wednesday, January 7th. Jefferies Financial Group boosted their price target 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, JPMorgan Chase & Co. upped their price objective on shares of NatWest Group from GBX 730 to GBX 750 and gave the stock an “overweight” rating in a research note on Tuesday, January 20th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 692.86.

NatWest Group Stock Down 2.4%

LON NWG opened at GBX 605 on Monday. The stock has a market cap of £48.27 billion, a P/E ratio of 9.26, a PEG ratio of 0.46 and a beta of 1.28. NatWest Group has a twelve month low of GBX 380.60 and a twelve month high of GBX 705.40. The company’s 50-day simple moving average is GBX 645.90 and its 200 day simple moving average is GBX 585.20.

Insiders Place Their Bets

In other news, insider Yasmin Jetha acquired 181 shares of NatWest Group stock in a transaction on Friday, January 2nd. The shares were purchased at an average price of GBX 660 per share, with a total value of £1,194.60. Also, insider Gill Whitehead bought 500 shares of the stock in a transaction dated Friday, January 2nd. The stock was purchased at an average cost of GBX 660 per share, with a total value of £3,300. Insiders have acquired a total of 4,281 shares of company stock valued at $2,825,460 over the last quarter. Company 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.