NatWest Group (LON:NWG) Insider Gill Whitehead Purchases 629 Shares of Stock

NatWest Group plc (LON:NWG) insider Gill Whitehead purchased 629 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was purchased at an average price of GBX 525 per share, for a total transaction of £3,302.25.

Gill Whitehead also recently made the following trade(s):

• On Friday, September 12th, Gill Whitehead acquired 20 shares of NatWest Group stock. The shares were acquired at an average price of GBX 530 per share, with a total value of £106.

NatWest Group Price Performance

Shares of NWG stock opened at GBX 548 on Friday. NatWest Group plc has a 12-month low of GBX 329.90 and a 12-month high of GBX 565.42. The firm has a market capitalization of £44.14 billion, a price-to-earnings ratio of 919.46, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. The business has a 50 day simple moving average of GBX 528.61 and a 200 day simple moving average of GBX 501.13.

NatWest Group (LON:NWG) last announced its quarterly 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 anticipate that NatWest Group plc will post 45.9724712 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. JPMorgan Chase & Co. increased their target price on shares of NatWest Group from GBX 610 to GBX 700 and gave the company an “overweight” rating in a research report on Tuesday, September 9th. Shore Capital reiterated a “hold” rating and issued a GBX 495 price objective on shares of NatWest Group in a report on Friday, July 25th. Jefferies Financial Group boosted their target price on NatWest Group from GBX 530 to GBX 615 and gave the stock a “buy” rating in a report on Tuesday, August 26th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 600 target price on shares of NatWest Group in a research report on Monday, July 28th. Finally, Citigroup lifted their price target on NatWest Group from GBX 595 to GBX 620 and gave the company a “buy” rating in a research report on Tuesday, September 9th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently 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.