NatWest Group (LON:NWG) Insider Geeta Gopalan Purchases 592 Shares of Stock

NatWest Group plc (LON:NWG) insider Geeta Gopalan bought 592 shares of NatWest Group stock in a transaction on Wednesday, October 1st. The shares were acquired at an average price of GBX 525 per share, for a total transaction of £3,108.

Geeta Gopalan also recently made the following trade(s):

• On Friday, September 12th, Geeta Gopalan purchased 48 shares of NatWest Group stock. The stock was acquired at an average price of GBX 530 per share, with a total value of £254.40.

NatWest Group Trading Up 3.8%

Shares of LON NWG opened at GBX 548 on Friday. The stock has a market cap of £44.14 billion, a P/E ratio of 919.46, a PEG ratio of 0.46 and a beta of 1.28. The business’s fifty day simple moving average is GBX 528.61 and its 200-day simple moving average is GBX 501.13. NatWest Group plc has a 12-month low of GBX 329.90 and a 12-month high of GBX 565.42.

NatWest Group (LON:NWG) last released its 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%. On average, equities analysts forecast that NatWest Group plc will post 45.9724712 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

NWG has been the topic of a number of recent research reports. Jefferies Financial Group upped their target price on shares of NatWest Group from GBX 530 to GBX 615 and gave the stock a “buy” rating in a research note on Tuesday, August 26th. Shore Capital reiterated a “hold” rating and set a GBX 495 price target on shares of NatWest Group in a report on Friday, July 25th. Royal Bank Of Canada increased their price objective on shares of NatWest Group from GBX 475 to GBX 650 and gave the company a “sector perform” rating in a research report on Wednesday, July 30th. Citigroup lifted their price objective on shares of NatWest Group from GBX 595 to GBX 620 and gave the stock a “buy” rating in a research report on Tuesday, September 9th. Finally, JPMorgan Chase & Co. boosted their target price on shares of NatWest Group from GBX 610 to GBX 700 and gave the stock an “overweight” rating in a research note on Tuesday, September 9th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, NatWest Group has a consensus rating of “Moderate Buy” and a consensus price target of GBX 613.33.

NatWest Group Company Profile

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.