NatWest Group’s (NWG) Buy Rating Reaffirmed at Shore Capital

Shore Capital reiterated their buy rating on shares of NatWest Group (LON:NWG – Get Rating) in a research report released on Monday morning, Digital Look reports.

NWG has been the topic of a number of other research reports. Bank of America reiterated a buy rating on shares of NatWest Group in a research note on Monday, January 30th. Barclays lowered their target price on NatWest Group from GBX 400 ($4.98) to GBX 380 ($4.73) in a research note on Tuesday, May 2nd. JPMorgan Chase & Co. lowered their target price on NatWest Group from GBX 340 ($4.23) to GBX 310 ($3.86) in a research note on Tuesday, May 2nd. Citigroup reiterated a buy rating on shares of NatWest Group in a research note on Friday, March 10th. Finally, Berenberg Bank reiterated a buy rating and set a GBX 360 ($4.48) target price on shares of NatWest Group in a research note on Friday, April 28th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of Moderate Buy and a consensus price target of GBX 340 ($4.23).

NatWest Group Stock Up 1.2 %

NWG opened at GBX 271.60 ($3.38) on Monday. NatWest Group has a 12-month low of GBX 210.20 ($2.61) and a 12-month high of GBX 313.10 ($3.89). The stock has a market cap of £25.75 billion, a price-to-earnings ratio of 662.44, a PEG ratio of 0.55 and a beta of 1.30. The business has a 50 day moving average of GBX 265.76 and a 200-day moving average of GBX 272.89.

Insiders Place Their Bets

In other NatWest Group news, insider Frank Dangeard purchased 1,014 shares of the firm’s stock in a transaction dated Thursday, March 30th. The shares were bought at an average price of GBX 267 ($3.32) per share, for a total transaction of £2,707.38 ($3,367.39). In other NatWest Group news, insider Frank Dangeard purchased 1,014 shares of the stock in a transaction dated Thursday, March 30th. The stock was bought at an average price of GBX 267 ($3.32) per share, with a total value of £2,707.38 ($3,367.39). Also, insider Roisin Donnelly purchased 7,318 shares of the stock in a transaction dated Wednesday, March 22nd. The shares were acquired at an average cost of GBX 272 ($3.38) per share, with a total value of £19,904.96 ($24,757.41). Corporate insiders own 42.65% of the company’s stock.

NatWest Group Company Profile

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NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Commercial Banking, Private Banking, RBS International, and NatWest Markets segments.