NatWest Group (LON:NWG) Insider Patrick Flynn Purchases 169 Shares

NatWest Group plc (LON:NWG) insider Patrick Flynn purchased 169 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was bought at an average price of GBX 530 per share, with a total value of £895.70.

Patrick Flynn also recently made the following trade(s):

• On Tuesday, July 1st, Patrick Flynn bought 255 shares of NatWest Group stock. The stock was acquired at an average cost of GBX 501 per share, for a total transaction of £1,277.55.

NatWest Group Stock Down 2.5%

Shares of NWG opened at GBX 524.40 on Wednesday. The business’s 50 day moving average is GBX 522.60 and its two-hundred day moving average is GBX 495.27. NatWest Group plc has a 52-week low of GBX 327.30 and a 52-week high of GBX 565.42. The firm has a market cap of £42.24 billion, a price-to-earnings ratio of 879.87, a PEG ratio of 0.46 and a beta of 1.28.

NatWest Group (LON:NWG) last announced its earnings results on Friday, July 25th. The company reported GBX 30.90 earnings per share (EPS) for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. On average, equities analysts expect that NatWest Group plc will post 45.9724712 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on NWG shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 600 target price on shares of NatWest Group in a research report on Monday, July 28th. Citigroup increased their target price on NatWest Group from GBX 595 to GBX 620 and gave the stock a “buy” rating in a research report on Tuesday, September 9th. Royal Bank Of Canada increased their target price on NatWest Group from GBX 475 to GBX 650 and gave the stock a “sector perform” rating in a research report on Wednesday, July 30th. Shore Capital reaffirmed a “hold” rating and issued a GBX 495 target price on shares of NatWest Group in a research report on Friday, July 25th. Finally, JPMorgan Chase & Co. increased their target price on NatWest Group from GBX 610 to GBX 700 and gave the stock an “overweight” rating in a research report on Tuesday, September 9th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 613.33.

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.