Albert Hitchcock Acquires 514 Shares of NatWest Group (LON:NWG) Stock

NatWest Group plc (LON:NWG) insider Albert Hitchcock acquired 514 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were bought at an average cost of GBX 668 per share, with a total value of £3,433.52.

NatWest Group Trading Up 0.1%

NWG stock traded up GBX 0.50 during midday trading on Thursday, hitting GBX 680.10. The stock had a trading volume of 22,131,693 shares, compared to its average volume of 25,665,682. The firm has a market capitalization of £54.16 billion, a price-to-earnings ratio of 9.74, a P/E/G ratio of 0.46 and a beta of 0.82. The stock has a 50-day simple moving average of GBX 600.74 and a 200 day simple moving average of GBX 611.01. NatWest Group plc has a 52 week low of GBX 475.44 and a 52 week high of GBX 705.40.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Berenberg Bank restated a “buy” rating and issued a GBX 860 price objective on shares of NatWest Group in a research report on Wednesday, June 24th. Jefferies Financial Group lowered their target price on NatWest Group from GBX 750 to GBX 730 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 840 price target on shares of NatWest Group in a report on Tuesday, May 5th. Shore Capital Group upgraded shares of NatWest Group to a “hold” rating in a report on Friday, May 1st. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 725 target price on shares of NatWest Group in a research note on Tuesday, May 5th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 743.75.

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.