NatWest Group’s (NWG) “Sector perform” Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reaffirmed their sector perform rating on shares of NatWest Group (LON:NWG) in a report issued on Monday, MarketBeat.com reports. The firm currently has a GBX 725 price target on the stock.

A number of other equities research analysts have also issued reports on the company. Shore Capital Group increased their target price on NatWest Group from GBX 500 to GBX 550 and gave the company a “hold” rating in a research note on Tuesday, October 28th. Deutsche Bank Aktiengesellschaft increased their price target on NatWest Group from GBX 660 to GBX 730 and gave the company a “buy” rating in a report on Friday, January 23rd. Jefferies Financial Group lifted 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. Barclays reiterated an “equal weight” rating and set a GBX 700 price objective on shares of NatWest Group in a research note on Wednesday, January 7th. Finally, Citigroup lifted 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. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, NatWest Group has an average rating of “Moderate Buy” and an average target price of GBX 692.86.

NatWest Group Trading Up 0.6%

Shares of NWG stock opened at GBX 608.80 on Monday. The company’s fifty day simple moving average is GBX 645.63 and its 200-day simple moving average is GBX 585.37. NatWest Group has a 52 week low of GBX 380.60 and a 52 week high of GBX 705.40. The company has a market cap of £48.57 billion, a PE ratio of 9.32, a P/E/G ratio of 0.46 and a beta of 1.28.

Insider Activity at NatWest Group

In other news, insider Geeta Gopalan acquired 471 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, with a total value of £3,108.60. Also, insider Richard Haythornthwait purchased 1,804 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was acquired at an average cost of GBX 660 per share, with a total value of £11,906.40. Insiders acquired 4,281 shares of company stock worth $2,825,460 in the last quarter. Company insiders own 0.19% of the company’s stock.

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.