Insider Buying: NatWest Group plc (LON:NWG) Insider Acquires 636 Shares of Stock

NatWest Group plc (LON:NWG - Get Free Report) insider Stuart Lewis bought 636 shares of the stock in a transaction dated Tuesday, July 1st. The shares were purchased at an average cost of GBX 501 ($6.84) per share, for a total transaction of £3,186.36 ($4,348.79).

NatWest Group Stock Up 2.0%

LON NWG traded up GBX 9.56 ($0.13) on Friday, reaching GBX 483.36 ($6.60). The company had a trading volume of 26,724,324 shares, compared to its average volume of 37,865,223. The stock has a market capitalization of £38.69 billion, a P/E ratio of 8.68, a P/E/G ratio of 0.46 and a beta of 1.28. The company's fifty day moving average is GBX 505.39 and its 200 day moving average is GBX 458.80. NatWest Group plc has a 52-week low of GBX 309 ($4.22) and a 52-week high of GBX 537.20 ($7.33).

NatWest Group (LON:NWG - Get Free Report) last posted its earnings results on Friday, May 2nd. The company reported GBX 15.50 ($0.21) earnings per share (EPS) for the quarter. NatWest Group had a net margin of 18.21% and a return on equity of 13.29%. On average, research analysts expect that NatWest Group plc will post 45.9724712 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on NWG. Shore Capital reaffirmed a "hold" rating on shares of NatWest Group in a research note on Monday, June 2nd. JPMorgan Chase & Co. upped their target price on shares of NatWest Group from GBX 510 ($6.96) to GBX 550 ($7.51) and gave the stock a "top pick" rating in a report on Tuesday, March 25th. Finally, Citigroup lifted their price target on NatWest Group from GBX 580 ($7.92) to GBX 615 ($8.39) and gave the company a "buy" rating in a research note on Thursday, March 6th.

About NatWest Group

NatWest Group is a UK-focused banking organisation, serving over 19 million customers, with business operations stretching across retail, commercial and private banking markets.