NatWest Group plc (LON:NWG) Receives GBX 692.86 Average Target Price from Analysts

NatWest Group plc (LON:NWG) has received an average rating of “Moderate Buy” from the seven research firms that are presently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is GBX 692.86.

Several analysts have recently issued reports on the stock. Barclays reissued an “equal weight” rating and set a GBX 700 price target on shares of NatWest Group in a research report on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft upped their target price on shares of NatWest Group from GBX 660 to GBX 730 and gave the stock a “buy” rating in a research note on Friday, January 23rd. JPMorgan Chase & Co. increased 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. Citigroup raised their price target 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. Finally, Shore Capital Group restated a “hold” rating on shares of NatWest Group in a research note on Monday, February 9th.

NatWest Group Trading Up 1.7%

NWG stock opened at GBX 574.80 on Friday. The business’s fifty day moving average price is GBX 626.78 and its 200 day moving average price is GBX 595.41. NatWest Group has a 12-month low of GBX 380.60 and a 12-month high of GBX 705.40. The company has a market capitalization of £45.80 billion, a PE ratio of 8.53, a P/E/G ratio of 0.46 and a beta of 0.79.

NatWest Group (LON:NWG) last announced its earnings results on Friday, February 13th. The company reported GBX 68 EPS for the quarter. NatWest Group had a return on equity of 14.33% and a net margin of 22.26%. Research analysts predict that NatWest Group will post 45.9724712 EPS for the current fiscal year.

Insider Transactions at NatWest Group

In related news, insider Roisin Donnelly purchased 470 shares of NatWest Group stock in a transaction on Friday, January 2nd. The shares were bought at an average price of GBX 660 per share, with a total value of £3,102. Also, insider Geeta Gopalan purchased 471 shares of NatWest Group stock in a transaction on Friday, January 2nd. The stock was bought at an average cost of GBX 660 per share, for a total transaction of £3,108.60. Insiders bought a total of 4,281 shares of company stock valued at $2,825,460 in the last 90 days. Insiders own 0.20% 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.