NatWest Group (LON:NWG) Insider Acquires £3,108.60 in Stock

NatWest Group plc (LON:NWG) insider Geeta Gopalan acquired 471 shares of the firm’s stock in a transaction on Friday, January 2nd. The shares were acquired at an average price of GBX 660 per share, with a total value of £3,108.60.

NatWest Group Trading Up 1.2%

LON:NWG traded up GBX 8 on Monday, hitting GBX 665.60. 13,542,105 shares of the company’s stock traded hands, compared to its average volume of 8,693,481. The company has a market cap of £53.26 billion, a PE ratio of 10.19, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. NatWest Group plc has a 1 year low of GBX 369 and a 1 year high of GBX 668.80. The firm has a 50-day moving average price of GBX 617.02 and a 200-day moving average price of GBX 555.63.

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

Wall Street Analysts Forecast Growth

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

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.