NatWest Group plc (LON:NWG) Receives Consensus Rating of “Moderate Buy” from Brokerages

NatWest Group plc (LON:NWG) has received an average rating of “Moderate Buy” from the seven brokerages that are currently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is GBX 692.86.

Several brokerages recently commented on NWG. Deutsche Bank Aktiengesellschaft upped their target price on NatWest Group from GBX 660 to GBX 730 and gave the company a “buy” rating in a research report on Friday, January 23rd. JPMorgan Chase & Co. boosted their price target on NatWest Group from GBX 730 to GBX 750 and gave the company an “overweight” rating in a research note on Tuesday, January 20th. Barclays restated an “equal weight” rating and set a GBX 700 price target on shares of NatWest Group in a report on Wednesday, January 7th. 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 research report on Monday, December 1st. Finally, Shore Capital Group reiterated a “hold” rating on shares of NatWest Group in a research note on Monday, February 9th.

Insiders Place Their Bets

In related news, insider Patrick Flynn purchased 193 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was purchased at an average cost of GBX 660 per share, with a total value of £1,273.80. Also, insider Yasmin Jetha acquired 181 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were bought at an average price of GBX 660 per share, for a total transaction of £1,194.60. In the last three months, insiders acquired 4,281 shares of company stock valued at $2,825,460. 0.20% of the stock is currently owned by corporate insiders.

NatWest Group Trading Down 0.8%

Shares of NWG opened at GBX 568.40 on Friday. The firm’s fifty day simple moving average is GBX 628.60 and its two-hundred day simple moving average is GBX 594.53. NatWest Group has a 12 month low of GBX 380.60 and a 12 month high of GBX 705.40. The stock has a market capitalization of £45.29 billion, a P/E ratio of 8.43, a price-to-earnings-growth ratio of 0.46 and a beta of 0.79.

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

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.