Insider Buying: NatWest Group (LON:NWG) Insider Acquires 485 Shares of Stock

NatWest Group plc (LON:NWG) insider Gill Whitehead acquired 485 shares of NatWest Group stock in a transaction on Wednesday, July 1st. The shares were purchased at an average cost of GBX 668 per share, with a total value of £3,239.80.

Gill Whitehead also recently made the following trade(s):

• On Tuesday, May 5th, Gill Whitehead bought 94 shares of NatWest Group stock. The stock was acquired at an average price of GBX 556 per share, with a total value of £522.64.

NatWest Group Trading Up 0.1%

LON NWG traded up GBX 0.50 during trading on Thursday, reaching GBX 680.10. 22,131,693 shares of the company’s stock were exchanged, compared to its average volume of 25,665,682. NatWest Group plc has a fifty-two week low of GBX 475.44 and a fifty-two week high of GBX 705.40. The company’s fifty day simple moving average is GBX 600.74 and its 200-day simple moving average is GBX 611.01. The firm has a market capitalization of £54.16 billion, a PE ratio of 9.74, a P/E/G ratio of 0.46 and a beta of 0.82.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on NWG. Shore Capital Group raised NatWest Group to a “hold” rating in a research report on Friday, May 1st. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 725 target price on shares of NatWest Group in a report on Tuesday, May 5th. Berenberg Bank reiterated a “buy” rating and set a GBX 860 price target on shares of NatWest Group in a research note on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 840 target price on shares of NatWest Group in a report on Tuesday, May 5th. Finally, Jefferies Financial Group dropped their price target on shares of NatWest Group from GBX 750 to GBX 730 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, NatWest Group has a consensus 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.