NatWest Group plc (LON:NWG) Given Consensus Rating of “Moderate Buy” by Brokerages

NatWest Group plc (LON:NWG) has been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is GBX 666.67.

NWG has been the subject of several research reports. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 730 price target on shares of NatWest Group in a report on Tuesday, December 2nd. Shore Capital lifted their target price on NatWest Group from GBX 500 to GBX 550 and gave the stock a “hold” rating in a report on Tuesday, October 28th. Royal Bank Of Canada boosted their target price on shares of NatWest Group from GBX 650 to GBX 725 and gave the company a “sector perform” rating in a research report on Tuesday, October 28th. Jefferies Financial Group raised their price target on shares of NatWest Group from GBX 615 to GBX 630 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Finally, Citigroup lifted their price objective on shares of NatWest Group from GBX 690 to GBX 765 and gave the stock a “buy” rating in a research note on Monday, December 1st.

Insider Buying and Selling

In related news, insider Stuart Lewis purchased 607 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The stock was acquired at an average cost of GBX 525 per share, for a total transaction of £3,186.75. Also, insider Richard Haythornthwait purchased 2,268 shares of NatWest Group stock in a transaction that occurred on Wednesday, October 1st. The shares were bought at an average cost of GBX 525 per share, for a total transaction of £11,907. Insiders acquired 5,383 shares of company stock valued at $2,826,075 in the last quarter. Corporate insiders own 0.19% of the company’s stock.

NatWest Group Stock Performance

Shares of NWG opened at GBX 646.80 on Monday. NatWest Group has a 52 week low of GBX 369 and a 52 week high of GBX 651.54. The firm has a market cap of £51.75 billion, a P/E ratio of 9.91, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. The firm’s 50-day simple moving average is GBX 606.40 and its 200 day simple moving average is GBX 550.93.

NatWest Group (LON:NWG) last issued its quarterly earnings data on Friday, October 24th. The company reported GBX 19.80 earnings per share (EPS) for the quarter. NatWest Group had a net margin of 18.21% and a return on equity of 13.29%. As a group, equities analysts forecast that NatWest Group will post 45.9724712 earnings per share for the current year.

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.