NatWest Group (LON:NWG) Receives “Hold” Rating from Shore Capital

Shore Capital reissued their hold rating on shares of NatWest Group (LON:NWG) in a report released on Monday, Marketbeat.com reports.

Other research analysts also recently issued research reports about the company. Citigroup raised their price objective on NatWest Group from GBX 580 ($7.86) to GBX 615 ($8.33) and gave the stock a “buy” rating in a research note on Thursday, March 6th. JPMorgan Chase & Co. lifted their target price on NatWest Group from GBX 510 ($6.91) to GBX 550 ($7.45) and gave the company a “top pick” rating in a research note on Tuesday, March 25th.

NatWest Group Price Performance

NatWest Group stock opened at GBX 527.60 ($7.15) on Monday. NatWest Group has a one year low of GBX 300.40 ($4.07) and a one year high of GBX 531 ($7.19). The stock has a market capitalization of £42.23 billion, a PE ratio of 9.47, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. The business’s fifty day moving average is GBX 474.89 and its 200 day moving average is GBX 441.47.

NatWest Group (LON:NWG) last announced its earnings results on Friday, May 2nd. The company reported GBX 15.50 ($0.21) earnings per share (EPS) for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. As a group, sell-side analysts expect that NatWest Group will post 45.9724712 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Lena Wilson bought 261 shares of the company’s stock in a transaction dated Tuesday, April 1st. The stock was purchased at an average price of GBX 454 ($6.15) per share, for a total transaction of £1,184.94 ($1,605.17). Corporate insiders own 16.15% of the company’s stock.

NatWest Group Company Profile

NatWest Group is a UK-focused banking organisation, serving over 19 million customers, with business operations stretching across retail, commercial and private banking markets.