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

NatWest Group plc (LON:NWG) has been assigned a consensus rating of “Moderate Buy” from the seven analysts that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 727.14.

NWG has been the topic of a number of research analyst reports. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 725 target price on shares of NatWest Group in a report on Tuesday, May 5th. JPMorgan Chase & Co. lifted their target price on NatWest Group from GBX 750 to GBX 780 and gave the company an “overweight” rating in a report on Monday, April 13th. Shore Capital Group upgraded NatWest Group to a “hold” rating in a report on Friday, May 1st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 840 target price on shares of NatWest Group in a report on Tuesday, May 5th. Finally, Jefferies Financial Group reduced their target price on NatWest Group from GBX 750 to GBX 730 and set a “buy” rating on the stock in a report on Wednesday, May 6th.

NatWest Group Trading Down 0.2%

Shares of NatWest Group stock opened at GBX 636.60 on Monday. NatWest Group has a twelve month low of GBX 471 and a twelve month high of GBX 705.40. The stock has a market capitalization of £50.69 billion, a P/E ratio of 9.12, a PEG ratio of 0.46 and a beta of 0.82. The business’s fifty day moving average price is GBX 594.23 and its 200 day moving average price is GBX 608.99.

Insider Buying and Selling

In other NatWest Group news, insider Josh Critchley bought 661 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were acquired at an average cost of GBX 556 per share, with a total value of £3,675.16. Also, insider Roisin Donnelly bought 466 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were acquired at an average cost of GBX 556 per share, for a total transaction of £2,590.96. Insiders bought a total of 4,014 shares of company stock valued at $2,231,784 over the last ninety days. Insiders own 0.21% 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.