NatWest Group plc (LON:NWG) Insider Katie Murray Sells 18,055 Shares of Stock

NatWest Group plc (LON:NWG) insider Katie Murray sold 18,055 shares of the business’s stock in a transaction on Thursday, August 7th. The stock was sold at an average price of GBX 516 ($6.94), for a total value of £93,163.80 ($125,304.37).

NatWest Group Stock Up 1.5%

Shares of LON NWG opened at GBX 522.80 ($7.03) on Friday. NatWest Group plc has a 12 month low of GBX 325.70 ($4.38) and a 12 month high of GBX 537.20 ($7.23). The company has a market cap of £41.85 billion, a price-to-earnings ratio of 9.39, a P/E/G ratio of 0.46 and a beta of 1.28. The business has a fifty day simple moving average of GBX 509.25 and a 200-day simple moving average of GBX 477.34.

NatWest Group (LON:NWG) last announced its earnings results on Friday, July 25th. The company reported GBX 30.90 ($0.42) 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 plc will post 45.9724712 EPS for the current fiscal year.

Analysts Set New Price Targets

NWG has been the subject of several research analyst reports. Citigroup cut their price objective on NatWest Group from GBX 610 ($8.20) to GBX 595 ($8.00) and set a “buy” rating for the company in a report on Friday, August 1st. JPMorgan Chase & Co. upped their price objective on NatWest Group from GBX 600 ($8.07) to GBX 610 ($8.20) and gave the company an “overweight” rating in a report on Monday, July 28th. Shore Capital restated a “hold” rating and issued a GBX 495 ($6.66) price objective on shares of NatWest Group in a report on Friday, July 25th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 600 ($8.07) price objective on shares of NatWest Group in a report on Monday, July 28th. Finally, Royal Bank Of Canada upped their price objective on NatWest Group from GBX 475 ($6.39) to GBX 650 ($8.74) and gave the company a “sector perform” rating in a report on Wednesday, July 30th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 560.83 ($7.54).

About NatWest Group

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.