Analysts Set NatWest Group plc (LON:NWG) PT at GBX 674.29

NatWest Group plc (LON:NWG) has received a consensus recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 692.86.

Several research firms have commented on NWG. Barclays reissued an “equal weight” rating and issued a GBX 700 target price on shares of NatWest Group in a report on Wednesday, January 7th. Jefferies Financial Group lifted their price target on NatWest Group from GBX 615 to GBX 630 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Citigroup increased their price objective on shares of NatWest Group from GBX 690 to GBX 765 and gave the company a “buy” rating in a research report on Monday, December 1st. Shore Capital raised their price objective on shares of NatWest Group from GBX 500 to GBX 550 and gave the company a “hold” rating in a research note on Tuesday, October 28th. 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 report on Tuesday, January 20th.

NatWest Group Stock Performance

Shares of NWG opened at GBX 646.80 on Friday. NatWest Group has a fifty-two week low of GBX 380.60 and a fifty-two week high of GBX 674.20. The firm’s 50-day simple moving average is GBX 631.76 and its two-hundred day simple moving average is GBX 571.23. The stock has a market cap of £51.70 billion, a PE ratio of 9.91, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28.

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

Insider Buying and Selling

In related news, insider Roisin Donnelly purchased 470 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were purchased at an average price of GBX 660 per share, with a total value of £3,102. Also, insider Richard Haythornthwait purchased 1,804 shares of NatWest Group stock in a transaction dated Friday, January 2nd. The stock was bought at an average price of GBX 660 per share, with a total value of £11,906.40. Insiders bought 4,281 shares of company stock worth $2,825,460 over the last 90 days. 0.19% of the stock is currently owned by company 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.