Stuart Lewis Buys 607 Shares of NatWest Group (LON:NWG) Stock

NatWest Group plc (LON:NWG) insider Stuart Lewis purchased 607 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The shares were acquired at an average cost of GBX 525 per share, for a total transaction of £3,186.75.

Stuart Lewis also recently made the following trade(s):

• On Friday, September 12th, Stuart Lewis purchased 170 shares of NatWest Group stock. The shares were acquired at an average cost of GBX 530 per share, for a total transaction of £901.

NatWest Group Trading Up 3.8%

LON:NWG opened at GBX 548 on Monday. The firm has a market capitalization of £44.01 billion, a price-to-earnings ratio of 919.46, a PEG ratio of 0.46 and a beta of 1.28. NatWest Group plc has a 1-year low of GBX 329.90 and a 1-year high of GBX 565.42. The business’s fifty day moving average price is GBX 528.61 and its 200 day moving average price is GBX 501.66.

NatWest Group (LON:NWG) last issued its earnings results on Friday, July 25th. The company reported GBX 30.90 EPS for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. Equities analysts forecast that NatWest Group plc will post 45.9724712 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on NWG. JPMorgan Chase & Co. boosted their target price on NatWest Group from GBX 610 to GBX 700 and gave the company an “overweight” rating in a research note on Tuesday, September 9th. Citigroup boosted their target price on NatWest Group from GBX 595 to GBX 620 and gave the company a “buy” rating in a research note on Tuesday, September 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 600 target price on shares of NatWest Group in a research note on Monday, July 28th. Shore Capital reiterated a “hold” rating and set a GBX 495 price target on shares of NatWest Group in a research note on Friday, July 25th. Finally, Royal Bank Of Canada upped their price target on NatWest Group from GBX 475 to GBX 650 and gave the stock a “sector perform” rating in a research note on Wednesday, July 30th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, NatWest Group currently has an average rating of “Moderate Buy” and an average target price of GBX 613.33.

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.