NatWest Group plc (LON:NWG) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of NatWest Group plc (LON:NWG) have earned a consensus recommendation of “Moderate Buy” from the seven research firms that are currently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is GBX 674.29.

Several research firms have recently issued reports on NWG. Citigroup lifted their price target on NatWest Group from GBX 690 to GBX 765 and gave the stock a “buy” rating in a research note on Monday, December 1st. Barclays restated an “equal weight” rating and set a GBX 700 target price on shares of NatWest Group in a research report on Wednesday, January 7th. Shore Capital increased their price target on shares of NatWest Group from GBX 500 to GBX 550 and gave the company a “hold” rating in a research report on Tuesday, October 28th. Royal Bank Of Canada lifted their price objective on NatWest Group from GBX 650 to GBX 725 and gave the stock a “sector perform” rating in a research report on Tuesday, October 28th. Finally, JPMorgan Chase & Co. upped their target price on NatWest Group from GBX 730 to GBX 750 and gave the company an “overweight” rating in a research note on Tuesday.

Insider Buying and Selling at NatWest Group

In other news, insider Yasmin Jetha acquired 181 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was acquired at an average price of GBX 660 per share, with a total value of £1,194.60. Also, insider Patrick Flynn purchased 193 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was acquired at an average price of GBX 660 per share, with a total value of £1,273.80. Over the last quarter, insiders have acquired 4,281 shares of company stock valued at $2,825,460. 0.19% of the stock is owned by company insiders.

NatWest Group Price Performance

LON NWG opened at GBX 654.20 on Friday. The business has a 50 day moving average price of GBX 630.84 and a 200 day moving average price of GBX 569.05. The company has a market capitalization of £52.29 billion, a P/E ratio of 10.02, a PEG ratio of 0.46 and a beta of 1.28. NatWest Group has a 1-year low of GBX 380.60 and a 1-year high of GBX 674.20.

NatWest Group (LON:NWG) last posted its earnings results on Friday, October 24th. The company reported GBX 19.80 EPS for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. On average, research analysts expect that NatWest Group will post 45.9724712 earnings per share for the current fiscal year.

About NatWest Group

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.