NatWest Group’s (NWG) Hold Rating Reiterated at Shore Capital

Shore Capital reaffirmed their hold rating on shares of NatWest Group (LON:NWG) in a research note released on Monday, Marketbeat.com reports.

A number of other equities analysts also recently issued reports on NWG. Citigroup raised their price objective on shares of NatWest Group from GBX 580 ($7.86) to GBX 615 ($8.33) and gave the stock a “buy” rating in a report on Thursday, March 6th. JPMorgan Chase & Co. lifted their price target on shares of NatWest Group from GBX 510 ($6.91) to GBX 550 ($7.45) and gave the stock a “top pick” rating in a research note on Tuesday, March 25th.

NatWest Group Trading Down 0.6%

NatWest Group stock opened at GBX 529.80 ($7.18) on Monday. The firm has a market cap of £42.41 billion, a price-to-earnings ratio of 9.51, a PEG ratio of 0.46 and a beta of 1.28. NatWest Group has a 12 month low of GBX 300.40 ($4.07) and a 12 month high of GBX 537.20 ($7.28). The stock has a fifty day simple moving average of GBX 477.63 and a two-hundred day simple moving average of GBX 442.71.

NatWest Group (LON:NWG) last issued its earnings results on Friday, May 2nd. The company reported GBX 15.50 ($0.21) earnings per share for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. On average, equities research analysts forecast that NatWest Group will post 45.9724712 EPS for the current fiscal year.

Insider Activity

In related news, insider Lena Wilson bought 261 shares of the company’s stock in a transaction dated Tuesday, April 1st. The stock was purchased at an average price of GBX 454 ($6.15) per share, for a total transaction of £1,184.94 ($1,605.83). Company insiders own 16.15% of the company’s stock.

NatWest Group Company Profile

NatWest Group is a UK-focused banking organisation, serving over 19 million customers, with business operations stretching across retail, commercial and private banking markets.