NatWest Group plc (LON:NWG) Receives Average Rating of “Moderate Buy” from Brokerages

NatWest Group plc (LON:NWG) has received a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 692.86.

A number of equities analysts have issued reports on NWG shares. Citigroup raised 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. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 725 price objective on shares of NatWest Group in a research note on Monday, February 9th. JPMorgan Chase & Co. boosted their price objective 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. Deutsche Bank Aktiengesellschaft upped their target price on shares of NatWest Group from GBX 660 to GBX 730 and gave the company a “buy” rating in a research note on Friday, January 23rd. Finally, Barclays reissued an “equal weight” rating and set a GBX 700 price target on shares of NatWest Group in a research report on Wednesday, January 7th.

Insider Transactions at NatWest Group

In other news, insider Roisin Donnelly bought 470 shares of the stock in a transaction on Friday, January 2nd. The stock was purchased at an average price of GBX 660 per share, for a total transaction of £3,102. Also, insider Gill Whitehead purchased 500 shares of the company’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 £3,300. In the last 90 days, insiders acquired 4,281 shares of company stock worth $2,825,460. Company insiders own 0.19% of the company’s stock.

NatWest Group Stock Performance

NWG opened at GBX 615.60 on Tuesday. The company has a fifty day moving average price of GBX 643.96 and a two-hundred day moving average price of GBX 589.59. The firm has a market capitalization of £49.11 billion, a PE ratio of 9.43, a P/E/G ratio of 0.46 and a beta of 1.28. NatWest Group has a 52 week low of GBX 380.60 and a 52 week high of GBX 705.40.

NatWest Group (LON:NWG) last posted its quarterly earnings results on Friday, February 13th. The company reported GBX 68 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 forecast that NatWest Group will post 45.9724712 EPS for the current year.

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.