NatWest Group plc (LON:NWG) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of NatWest Group plc (LON:NWG) have been given an average recommendation of “Moderate Buy” by the eight ratings firms that are presently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is GBX 756.88.

NWG has been the subject of several recent research reports. Citigroup boosted their target price on shares of NatWest Group from GBX 820 to GBX 840 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 725 target price on shares of NatWest Group in a report on Monday, August 3rd. Jefferies Financial Group restated a “buy” rating and issued a GBX 730 price target on shares of NatWest Group in a research report on Friday, July 31st. JPMorgan Chase & Co. boosted their price objective on NatWest Group from GBX 780 to GBX 790 and gave the company an “overweight” rating in a research report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 840 target price on shares of NatWest Group in a research note on Monday, August 3rd.

NatWest Group Price Performance

LON NWG opened at GBX 704.60 on Tuesday. The company has a 50 day simple moving average of GBX 668.27 and a 200-day simple moving average of GBX 620.16. The firm has a market capitalization of £56.08 billion, a price-to-earnings ratio of 9.45, a price-to-earnings-growth ratio of 0.46 and a beta of 0.81. NatWest Group has a 52-week low of GBX 500.20 and a 52-week high of GBX 726.

NatWest Group (LON:NWG) last posted its quarterly earnings results on Friday, July 31st. The company reported GBX 38.10 earnings per share for the quarter. NatWest Group had a net margin of 20.89% and a return on equity of 16.16%. On average, analysts predict that NatWest Group will post 45.9724712 EPS for the current year.

Insider Buying and Selling at NatWest Group

In other NatWest Group news, insider Albert Hitchcock purchased 514 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was purchased at an average cost of GBX 668 per share, with a total value of £3,433.52. Also, insider Lena Wilson purchased 183 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was acquired at an average cost of GBX 668 per share, with a total value of £1,222.44. Insiders have acquired a total of 2,747 shares of company stock worth $1,834,996 over the last ninety days. Company insiders own 0.21% of the company’s stock.

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.