Analysts Set NatWest Group plc (LON:NWG) Price Target at GBX 743.75

Shares of NatWest Group plc (LON:NWG) have been assigned an average recommendation of “Moderate Buy” from the eight brokerages that are presently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 743.75.

Several equities research analysts have recently commented on NWG shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 840 price objective on shares of NatWest Group in a report on Tuesday, May 5th. JPMorgan Chase & Co. lifted their price target on shares of NatWest Group from GBX 750 to GBX 780 and gave the company an “overweight” rating in a research report on Monday, April 13th. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 725 price target on shares of NatWest Group in a research note on Tuesday, May 5th. Berenberg Bank restated a “buy” rating and set a GBX 860 price target on shares of NatWest Group in a research note on Wednesday, June 24th. Finally, Shore Capital Group upgraded shares of NatWest Group to a “hold” rating in a report on Friday, May 1st.

NatWest Group Price Performance

Shares of NWG opened at GBX 662.64 on Friday. The stock has a 50-day moving average of GBX 621.72 and a 200-day moving average of GBX 613.24. The company has a market cap of £52.74 billion, a PE ratio of 9.49, a P/E/G ratio of 0.46 and a beta of 0.81. NatWest Group has a one year low of GBX 490.20 and a one year high of GBX 705.40.

Insider Activity at NatWest Group

In other NatWest Group news, insider Albert Hitchcock bought 514 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were bought at an average price of GBX 668 per share, for a total transaction of £3,433.52. Also, insider Patrick Flynn bought 197 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was acquired at an average price of GBX 668 per share, for a total transaction of £1,315.96. Insiders purchased a total of 6,761 shares of company stock valued at $4,066,780 over the last quarter. 0.21% of the stock is currently owned by company insiders.

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.