NatWest Group (LON:NWG) Insider Stuart Lewis Acquires 607 Shares

NatWest Group plc (LON:NWG) insider Stuart Lewis acquired 607 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were bought at an average price of GBX 525 per share, for a total transaction of £3,186.75.

Stuart Lewis also recently made the following trade(s):

• On Friday, September 12th, Stuart Lewis bought 170 shares of NatWest Group stock. The stock was bought at an average price of GBX 530 per share, with a total value of £901.

NatWest Group Stock Up 3.8%

NWG stock opened at GBX 548 on Friday. The stock has a 50-day simple moving average of GBX 528.61 and a two-hundred day simple moving average of GBX 501.13. NatWest Group plc has a twelve month low of GBX 329.90 and a twelve month high of GBX 565.42. The firm has a market capitalization of £44.14 billion, a PE ratio of 919.46, a PEG ratio of 0.46 and a beta of 1.28.

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 net margin of 18.21% and a return on equity of 13.29%. On average, equities research analysts anticipate that NatWest Group plc will post 45.9724712 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently commented on NWG. Jefferies Financial Group boosted their price target on shares of NatWest Group from GBX 530 to GBX 615 and gave the company a “buy” rating in a research report on Tuesday, August 26th. Shore Capital reissued a “hold” rating and set a GBX 495 price objective on shares of NatWest Group in a research note on Friday, July 25th. Royal Bank Of Canada boosted 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. Citigroup raised their price target on NatWest Group from GBX 595 to GBX 620 and gave the company a “buy” rating in a report on Tuesday, September 9th. Finally, JPMorgan Chase & Co. lifted their price target on NatWest Group from GBX 610 to GBX 700 and gave the company an “overweight” rating in a research report on Tuesday, September 9th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average 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.