Brokerages Set NatWest Group plc (LON:NWG) Price Target at GBX 692.86

Shares of NatWest Group plc (LON:NWG) have received an average recommendation of “Moderate Buy” from the seven brokerages that are currently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is GBX 692.86.

Several brokerages recently weighed in on NWG. Jefferies Financial Group increased their price target on shares of NatWest Group from GBX 615 to GBX 630 and gave the stock a “buy” rating in a report on Tuesday, October 28th. JPMorgan Chase & Co. upped their price objective on shares of NatWest Group from GBX 730 to GBX 750 and gave the company an “overweight” rating in a report on Tuesday, January 20th. Shore Capital Group reiterated a “hold” rating on shares of NatWest Group in a research note on Monday, February 9th. Barclays restated an “equal weight” rating and set a GBX 700 target price on shares of NatWest Group in a research report on Wednesday, January 7th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 725 price target on shares of NatWest Group in a report on Monday, February 9th.

NatWest Group Price Performance

LON NWG opened at GBX 619.70 on Tuesday. The company has a market cap of £49.44 billion, a price-to-earnings ratio of 9.49, a PEG ratio of 0.46 and a beta of 1.28. The stock’s fifty day moving average price is GBX 644.12 and its 200 day moving average price is GBX 588.51. NatWest Group has a 1 year low of GBX 380.60 and a 1 year high of GBX 705.40.

NatWest Group (LON:NWG) last posted its quarterly earnings results on Friday, February 13th. The company reported GBX 68 earnings per share for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. Research analysts expect that NatWest Group will post 45.9724712 earnings per share for the current year.

Insider Transactions at NatWest Group

In related news, insider Yasmin Jetha acquired 181 shares of the stock in a transaction on Friday, January 2nd. The shares were acquired at an average price of GBX 660 per share, for a total transaction of £1,194.60. Also, insider Stuart Lewis acquired 483 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were purchased at an average cost of GBX 660 per share, for a total transaction of £3,187.80. Over the last ninety days, insiders have bought 4,281 shares of company stock valued at $2,825,460. 0.19% of the stock is owned by insiders.

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.