NatWest Group (LON:NWG) Insider Acquires £3,253.16 in Stock

NatWest Group plc (LON:NWG) insider Geeta Gopalan bought 487 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was purchased at an average cost of GBX 668 per share, for a total transaction of £3,253.16.

Geeta Gopalan also recently made the following trade(s):

• On Tuesday, May 5th, Geeta Gopalan acquired 158 shares of NatWest Group stock. The stock was purchased at an average cost of GBX 556 per share, for a total transaction of £878.48.

NatWest Group Stock Up 0.1%

Shares of NatWest Group stock traded up GBX 0.50 on Thursday, reaching GBX 680.10. 22,131,693 shares of the stock were exchanged, compared to its average volume of 25,665,682. NatWest Group plc has a twelve month low of GBX 475.44 and a twelve month high of GBX 705.40. The business has a 50 day moving average price of GBX 600.74 and a two-hundred day moving average price of GBX 611.01. The firm has a market capitalization of £54.16 billion, a price-to-earnings ratio of 9.74, a PEG ratio of 0.46 and a beta of 0.82.

Analyst Ratings Changes

Several analysts recently commented on NWG shares. JPMorgan Chase & Co. boosted their price target on NatWest Group from GBX 750 to GBX 780 and gave the stock an “overweight” rating in a research report on Monday, April 13th. Berenberg Bank reissued a “buy” rating and set a GBX 860 price objective on shares of NatWest Group in a report on Wednesday, June 24th. Shore Capital Group upgraded NatWest Group to a “hold” rating in a research note on Friday, May 1st. Jefferies Financial Group reduced their target price on shares of NatWest Group from GBX 750 to GBX 730 and set a “buy” rating for the company in a report on Wednesday, May 6th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a GBX 725 price objective on shares of NatWest Group in a research report on Tuesday, May 5th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of GBX 743.75.

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.