NatWest Group (LON:NWG) Insider Richard Haythornthwait Buys 264 Shares

NatWest Group plc (LON:NWG) insider Richard Haythornthwait bought 264 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The stock was purchased at an average price of GBX 530 per share, with a total value of £1,399.20.

Richard Haythornthwait also recently made the following trade(s):

• On Tuesday, July 1st, Richard Haythornthwait bought 2,378 shares of NatWest Group stock. The stock was purchased at an average price of GBX 501 per share, with a total value of £11,913.78.

NatWest Group Price Performance

LON:NWG opened at GBX 524.40 on Wednesday. The business has a 50 day moving average of GBX 522.60 and a 200 day moving average of GBX 495.27. The company has a market capitalization 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 plc has a 1-year low of GBX 327.30 and a 1-year high of GBX 565.42.

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on NWG shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 600 target price on shares of NatWest Group in a report on Monday, July 28th. JPMorgan Chase & Co. upped their price target on NatWest Group from GBX 610 to GBX 700 and gave the stock an “overweight” rating in a research note on Tuesday, September 9th. Shore Capital reaffirmed a “hold” rating and set a GBX 495 price target on shares of NatWest Group in a report on Friday, July 25th. Citigroup increased their target price on NatWest Group from GBX 595 to GBX 620 and gave the company a “buy” rating in a report on Tuesday, September 9th. Finally, Royal Bank Of Canada upped their price target 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. 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, NatWest Group currently has a consensus 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.