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

Shore Capital Group reiterated their hold rating on shares of NatWest Group (LON:NWG) in a research report released on Monday morning, MarketBeat.com reports.

NWG has been the topic of a number of other research reports. JPMorgan Chase & Co. increased their price objective on NatWest Group from GBX 730 to GBX 750 and gave the company an “overweight” rating in a report on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft increased their price target on shares of NatWest Group from GBX 660 to GBX 730 and gave the company a “buy” rating in a research note on Friday, January 23rd. 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 Monday. Citigroup increased their target price on shares of NatWest Group from GBX 690 to GBX 765 and gave the company a “buy” rating in a research report on Monday, December 1st. Finally, Jefferies Financial Group boosted their price target on shares of NatWest Group from GBX 615 to GBX 630 and gave the company a “buy” rating in a research report on Tuesday, October 28th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of GBX 692.86.

NatWest Group Stock Up 0.6%

LON NWG opened at GBX 608.80 on Monday. The stock has a market capitalization of £48.57 billion, a PE ratio of 9.32, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. The firm has a 50 day moving average of GBX 645.63 and a two-hundred day moving average of GBX 585.37. NatWest Group has a 52 week low of GBX 380.60 and a 52 week high of GBX 705.40.

Insider Buying and Selling

In other NatWest Group news, insider Gill Whitehead acquired 500 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were purchased at an average cost of GBX 660 per share, with a total value of £3,300. Also, insider Richard Haythornthwait acquired 1,804 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were acquired at an average cost of GBX 660 per share, with a total value of £11,906.40. Insiders bought a total of 4,281 shares of company stock valued at $2,825,460 in the last 90 days. 0.19% of the stock is owned by corporate insiders.

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.