Richard Haythornthwait Buys 2,378 Shares of NatWest Group plc (LON:NWG) Stock

NatWest Group plc (LON:NWG - Get Free Report) insider Richard Haythornthwait bought 2,378 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The stock was purchased at an average cost of GBX 501 ($6.84) per share, with a total value of £11,913.78 ($16,260.11).

NatWest Group Stock Performance

NWG stock traded down GBX 5.80 ($0.08) during midday trading on Friday, reaching GBX 483.20 ($6.59). 12,350,472 shares of the company's stock traded hands, compared to its average volume of 37,865,223. The company has a 50-day moving average price of GBX 505.39 and a two-hundred day moving average price of 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). The firm has a market capitalization of £38.68 billion, a PE ratio of 8.68, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28.

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

Wall Street Analyst Weigh In

NWG has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their price objective on 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. Shore Capital reissued a "hold" rating on shares of NatWest Group in a report on Monday, June 2nd.

NatWest Group Company Profile

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