NatWest Group’s (NWG) “Sector perform” Rating Reaffirmed at Royal Bank Of Canada

Royal Bank Of Canada restated their sector perform rating on shares of NatWest Group (LON:NWG) in a research report sent to investors on Monday, Marketbeat.com reports. Royal Bank Of Canada currently has a GBX 725 target price on the stock.

A number of other brokerages have also issued reports on NWG. Jefferies Financial Group boosted their target price on NatWest Group from GBX 615 to GBX 630 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Shore Capital Group lifted their price target on NatWest Group from GBX 500 to GBX 550 and gave the stock a “hold” rating in a research note on Tuesday, October 28th. Citigroup boosted their price objective on NatWest Group from GBX 690 to GBX 765 and gave the stock a “buy” rating in a report on Monday, December 1st. Deutsche Bank Aktiengesellschaft raised their target price on shares of NatWest Group from GBX 660 to GBX 730 and gave the stock a “buy” rating in a report on Friday, January 23rd. Finally, JPMorgan Chase & Co. lifted their target price on shares of NatWest Group from GBX 730 to GBX 750 and gave the stock an “overweight” rating in a research report on Tuesday, January 20th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 692.86.

NatWest Group Stock Performance

LON NWG opened at GBX 659.40 on Monday. NatWest Group has a 1 year low of GBX 380.60 and a 1 year high of GBX 703.60. The business’s fifty day moving average is GBX 646.57 and its two-hundred day moving average is GBX 584.60. The stock has a market capitalization of £52.61 billion, a P/E ratio of 10.10, a P/E/G ratio of 0.46 and a beta of 1.28.

Insiders Place Their Bets

In related news, insider Yasmin Jetha acquired 181 shares of the company’s stock in a transaction on Friday, January 2nd. The shares were purchased at an average price of GBX 660 per share, for a total transaction of £1,194.60. Also, insider Roisin Donnelly bought 470 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was bought at an average price of GBX 660 per share, with a total value of £3,102. Insiders bought 4,281 shares of company stock valued at $2,825,460 over the last ninety days. Insiders own 0.19% of the company’s stock.

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.