NatWest Group’s (NWG) Sector Perform Rating Reiterated at Royal Bank Of Canada

NatWest Group (LON:NWG)‘s stock had its “sector perform” rating reiterated by Royal Bank Of Canada in a report released on Monday,London Stock Exchange reports. They currently have a GBX 725 price objective on the stock. Royal Bank Of Canada’s target price points to a potential upside of 0.25% from the company’s current price.

Other research analysts have also issued reports about the company. JPMorgan Chase & Co. upped their target price on NatWest Group from GBX 780 to GBX 790 and gave the company an “overweight” rating in a research report on Monday. Citigroup increased their price objective on shares of NatWest Group from GBX 820 to GBX 840 and gave the stock a “buy” rating in a research note on Monday. Jefferies Financial Group reiterated a “buy” rating and set a GBX 730 price target on shares of NatWest Group in a research report on Friday. Shore Capital Group raised shares of NatWest Group to a “hold” rating in a report on Friday, May 1st. Finally, Berenberg Bank boosted their target price on shares of NatWest Group from GBX 860 to GBX 880 and gave the company a “buy” rating in a research note on Monday. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 756.88.

NatWest Group Stock Up 2.5%

Shares of LON:NWG opened at GBX 723.20 on Monday. NatWest Group has a 52 week low of GBX 500.20 and a 52 week high of GBX 725. The firm has a 50 day moving average of GBX 642.69 and a 200 day moving average of GBX 615.19. The company has a market capitalization of £57.56 billion, a price-to-earnings ratio of 10.36, a price-to-earnings-growth ratio of 0.46 and a beta of 0.81.

NatWest Group (LON:NWG) last released its quarterly earnings results on Friday, July 31st. The company reported GBX 38.10 EPS for the quarter. NatWest Group had a return on equity of 16.16% and a net margin of 20.89%. On average, sell-side analysts expect that NatWest Group will post 45.9724712 EPS for the current year.

Insider Buying and Selling

In other NatWest Group news, insider Patrick Flynn acquired 197 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was acquired at an average cost of GBX 668 per share, for a total transaction of £1,315.96. Also, insider Stuart Lewis acquired 497 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was acquired at an average price of GBX 668 per share, with a total value of £3,319.96. Insiders acquired 6,761 shares of company stock valued at $4,066,780 in the last 90 days. Corporate 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.