Insider Buying: NatWest Group (LON:NWG) Insider Acquires 629 Shares of Stock

Key Points

• Insider Activity: NatWest Group insider Gill Whitehead purchased 629 shares at an average price of GBX 525 per share, totaling £3,302.25, on October 1st.
• Stock Performance: NatWest Group shares rose by 3.8%, closing at GBX 548, with a market capitalization of £44.14 billion.
• Analyst Ratings: Several analysts have recently upgraded their price targets for NatWest Group, with a consensus price target now at GBX 613.33 and a moderate buy rating.

NatWest Group plc (LON:NWG - Get Free Report) insider Gill Whitehead purchased 629 shares of the stock in a transaction dated Wednesday, October 1st. The shares were bought at an average price of GBX 525 per share, for a total transaction of £3,302.25.

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

• On Friday, September 12th, Gill Whitehead purchased 20 shares of NatWest Group stock. The shares were bought at an average price of GBX 530 per share, for a total transaction of £106.

NatWest Group Stock Up 3.8%

Shares of NatWest Group stock traded up GBX 20.20 on Friday, hitting GBX 548. 20,991,793 shares of the company traded hands, compared to its average volume of 32,849,262. The company has a 50-day moving average price of GBX 528.04 and a 200 day moving average price of GBX 500.55. NatWest Group plc has a 12-month low of GBX 329.90 and a 12-month high of GBX 565.42. The company has a market cap of £44.14 billion, a PE ratio of 919.46, a PEG ratio of 0.46 and a beta of 1.28.

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

Wall Street Analysts Forecast Growth

NWG has been the subject of a number of recent research reports. Citigroup upped their price objective on shares of NatWest Group from GBX 595 to GBX 620 and gave the stock a "buy" rating in a report on Tuesday, September 9th. Royal Bank Of Canada upped their price objective on shares of NatWest Group from GBX 475 to GBX 650 and gave the stock a "sector perform" rating in a report on Wednesday, July 30th. Jefferies Financial Group upped their price objective on shares of NatWest Group from GBX 530 to GBX 615 and gave the stock a "buy" rating in a report on Tuesday, August 26th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 600 target price on shares of NatWest Group in a research report on Monday, July 28th. Finally, JPMorgan Chase & Co. boosted their target price on shares of NatWest Group from GBX 610 to GBX 700 and gave the stock an "overweight" rating in a research report on Tuesday, September 9th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target 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.

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