Insider Buying: NatWest Group (LON:NWG) Insider Buys 183 Shares

NatWest Group plc (LON:NWG) insider Lena Wilson bought 183 shares of NatWest Group stock in a transaction that occurred on Wednesday, July 1st. The shares were acquired at an average cost of GBX 668 per share, for a total transaction of £1,222.44.

NatWest Group Stock Up 0.1%

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

Analyst Upgrades and Downgrades

Several research firms have weighed in on NWG. Jefferies Financial Group dropped 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. Shore Capital Group upgraded NatWest Group to a “hold” rating in a report on Friday, May 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 840 price target on shares of NatWest Group in a research note on Tuesday, May 5th. Berenberg Bank reiterated a “buy” rating and issued a GBX 860 price target on shares of NatWest Group in a research note on Wednesday, June 24th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 725 price objective on shares of NatWest Group in a research note on Tuesday, May 5th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target 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.