Stuart Lewis Purchases 483 Shares of NatWest Group (LON:NWG) Stock

NatWest Group plc (LON:NWG) insider Stuart Lewis purchased 483 shares of NatWest Group stock in a transaction dated Friday, January 2nd. The shares were bought at an average price of GBX 660 per share, with a total value of £3,187.80.

NatWest Group Stock Up 1.2%

NatWest Group stock traded up GBX 8 during trading hours on Monday, hitting GBX 665.60. The stock had a trading volume of 13,542,105 shares, compared to its average volume of 8,693,481. The stock’s 50-day moving average price is GBX 617.02 and its 200-day moving average price is GBX 555.63. The stock has a market capitalization of £53.26 billion, a P/E ratio of 10.19, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. NatWest Group plc has a 12-month low of GBX 369 and a 12-month high of GBX 668.80.

NatWest Group (LON:NWG) last released its quarterly earnings data on Friday, October 24th. The company reported GBX 19.80 earnings per share (EPS) for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. On average, research analysts expect that NatWest Group plc will post 45.9724712 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on NWG. Jefferies Financial Group lifted their target price on shares of NatWest Group from GBX 615 to GBX 630 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Shore Capital upped their price objective on NatWest Group from GBX 500 to GBX 550 and gave the company a “hold” rating in a research report on Tuesday, October 28th. Royal Bank Of Canada increased their target price on NatWest Group from GBX 650 to GBX 725 and gave the company a “sector perform” rating in a report on Tuesday, October 28th. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 730 price target on shares of NatWest Group in a research note on Tuesday, December 2nd. Finally, Citigroup raised their price objective on shares of NatWest Group from GBX 690 to GBX 765 and gave the stock a “buy” rating in a report on Monday, December 1st. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, NatWest Group presently has an average rating of “Moderate Buy” and an average price target of GBX 666.67.

Key NatWest Group News

Here are the key news stories impacting NatWest Group this week:

• Positive Sentiment: Multiple insiders purchased NWG stock at GBX 660 on Jan. 2 — Yasmin Jetha (181 shares), Roisin Donnelly (470), Patrick Flynn (193), Gill Whitehead (500), Geeta Gopalan (471), Lena Wilson (179) and Richard Haythornthwait (1,804). Total purchases ≈ 3,798 shares (~£25,067). Such clustered insider buying is typically viewed as a positive signal of management/director confidence and likely helped lift the share price and attract dealer attention. Article Title
• Neutral Sentiment: While noteworthy, the aggregate monetary value of these buys is small relative to NatWest’s market cap (~£53.3bn), so the transactions are more a sentiment signal than a material capital commitment — weigh them alongside recent earnings, ROE and macro outlook. Article Title

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.