Brokerages Set NatWest Group plc (LON:NWG) PT at GBX 692.86

Shares of NatWest Group plc (LON:NWG) have been assigned an average rating of “Moderate Buy” from the seven analysts that are currently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 692.86.

NWG has been the subject of several research reports. Barclays restated an “equal weight” rating and issued a GBX 700 price objective on shares of NatWest Group in a research report on Wednesday, January 7th. 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 research report on Monday, December 1st. Shore Capital Group reissued a “hold” rating on shares of NatWest Group in a research note on Monday, February 9th. Deutsche Bank Aktiengesellschaft raised their price target on shares of NatWest Group from GBX 660 to GBX 730 and gave the company a “buy” rating in a report on Friday, January 23rd. Finally, JPMorgan Chase & Co. upped their price objective on NatWest Group from GBX 730 to GBX 750 and gave the stock an “overweight” rating in a report on Tuesday, January 20th.

NatWest Group Stock Performance

Shares of NWG stock opened at GBX 581.20 on Friday. The stock’s fifty day moving average is GBX 624.18 and its 200-day moving average is GBX 595.80. The stock has a market capitalization of £46.31 billion, a PE ratio of 8.62, a PEG ratio of 0.46 and a beta of 0.79. 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 released 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 14.33% and a net margin of 22.26%. As a group, analysts forecast that NatWest Group will post 45.9724712 earnings per share for the current fiscal year.

Insider Activity at NatWest Group

In other news, insider Yasmin Jetha purchased 181 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were acquired at an average price of GBX 660 per share, for a total transaction of £1,194.60. Also, insider Stuart Lewis acquired 483 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was purchased at an average price of GBX 660 per share, with a total value of £3,187.80. Insiders have purchased a total of 4,281 shares of company stock valued at $2,825,460 over the last quarter. 0.20% of the stock is currently owned by corporate insiders.

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.