Insider Selling: NatWest Group (LON:NWG) Insider Sells £765,900 in Stock

NatWest Group plc (LON:NWG) insider Katie Murray sold 111,000 shares of NatWest Group stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of GBX 690, for a total transaction of £765,900.

NatWest Group Stock Up 0.3%

LON NWG opened at GBX 699.39 on Monday. NatWest Group plc has a 52 week low of GBX 504 and a 52 week high of GBX 726. The stock has a market capitalization of £55.67 billion, a PE ratio of 9.38, a price-to-earnings-growth ratio of 0.46 and a beta of 0.81. The firm has a 50 day moving average of GBX 684.35 and a two-hundred day moving average of GBX 624.13.

NatWest Group (LON:NWG) last announced its quarterly earnings data on Friday, July 31st. The company reported GBX 38.10 earnings per share for the quarter. NatWest Group had a net margin of 21.17% and a return on equity of 16.16%. On average, equities research analysts expect that NatWest Group plc will post 45.9724712 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 840 price target on shares of NatWest Group in a research note on Monday, August 3rd. JPMorgan Chase & Co. increased their price objective on NatWest Group from GBX 780 to GBX 790 and gave the company an “overweight” rating in a report on Monday, August 3rd. Jefferies Financial Group reissued a “buy” rating and set a GBX 770 target price on shares of NatWest Group in a research report on Wednesday, September 2nd. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 725 target price on shares of NatWest Group in a research note on Monday, August 3rd. Finally, Citigroup upped their price target on NatWest Group from GBX 820 to GBX 840 and gave the company a “buy” rating in a report on Monday, August 3rd. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 761.88.

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.