NatWest Group (LON:NWG) Insider Richard Haythornthwait Purchases 2,268 Shares of Stock

NatWest Group plc (LON:NWG) insider Richard Haythornthwait acquired 2,268 shares of the company’s stock in a transaction dated Wednesday, October 1st. The stock was acquired at an average cost of GBX 525 per share, for a total transaction of £11,907.

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

• On Friday, September 12th, Richard Haythornthwait acquired 264 shares of NatWest Group stock. The stock was acquired at an average cost of GBX 530 per share, for a total transaction of £1,399.20.

NatWest Group Price Performance

NWG stock opened at GBX 548 on Friday. The firm’s fifty day simple moving average is GBX 528.61 and its 200-day simple moving average is GBX 501.13. The company has a market capitalization of £44.14 billion, a P/E ratio of 919.46, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. 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 quarterly earnings data on Friday, July 25th. The company reported GBX 30.90 EPS for the quarter. NatWest Group had a net margin of 18.21% and a return on equity of 13.29%. As a group, sell-side analysts forecast that NatWest Group plc will post 45.9724712 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Jefferies Financial Group increased their price target on shares of 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 reissued a “buy” rating and set a GBX 600 price target on shares of NatWest Group in a report on Monday, July 28th. JPMorgan Chase & Co. increased their price target on shares of NatWest Group from GBX 610 to GBX 700 and gave the stock an “overweight” rating in a report on Tuesday, September 9th. Citigroup upped 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, Royal Bank Of Canada upped their price objective on shares of 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 investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price 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.