Analysts Set NatWest Group plc (LON:NWG) Price Target at GBX 743.75

NatWest Group plc (LON:NWG) has been given a consensus rating of “Moderate Buy” by the eight analysts that are presently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is GBX 743.75.

A number of equities research analysts have weighed in on NWG shares. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 725 target price on shares of NatWest Group in a research note on Tuesday, May 5th. Jefferies Financial Group cut their price objective on NatWest Group from GBX 750 to GBX 730 and set a “buy” rating for the company in a report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 840 price objective on shares of NatWest Group in a research report on Tuesday, May 5th. Shore Capital Group raised NatWest Group to a “hold” rating in a report on Friday, May 1st. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 860 target price on shares of NatWest Group in a research report on Wednesday, June 24th.

Insiders Place Their Bets

In other NatWest Group news, insider Josh Critchley purchased 661 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were acquired at an average price of GBX 556 per share, for a total transaction of £3,675.16. Also, insider Geeta Gopalan purchased 487 shares of the company’s stock in a transaction dated Wednesday, July 1st. The shares were acquired at an average price of GBX 668 per share, for a total transaction of £3,253.16. In the last ninety days, insiders purchased 6,761 shares of company stock valued at $4,066,780. 0.21% of the stock is currently owned by corporate insiders.

NatWest Group Stock Down 1.2%

Shares of NatWest Group stock opened at GBX 670.57 on Friday. NatWest Group has a twelve month low of GBX 495.60 and a twelve month high of GBX 705.40. The company’s 50 day moving average is GBX 625.61 and its 200 day moving average is GBX 613.45. The company has a market cap of £53.37 billion, a price-to-earnings ratio of 9.61, a price-to-earnings-growth ratio of 0.46 and a beta of 0.81.

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.