NatWest Group (LON:NWG) Insider Buys 196 Shares of Stock

Key Points

• Insider purchase: NatWest Group insider Patrick Flynn bought 196 shares at GBX 670 each, for a total investment of £1,313.20.
• Stock performance and results: NWG recently traded near GBX 662.58, with a £52.61 billion market capitalization. The bank reported quarterly EPS of GBX 38.10, a 21.17% net margin, and a 16.16% return on equity.
• Analyst outlook: Analysts maintain a “Moderate Buy” consensus, with four Buy and four Hold ratings and an average price target of GBX 769.38, above the recent trading price.

NatWest Group plc (LON:NWG - Get Free Report) insider Patrick Flynn acquired 196 shares of the business's stock in a transaction that occurred on Thursday, October 1st. The shares were bought at an average price of GBX 670 per share, for a total transaction of £1,313.20.

NatWest Group Trading Down 0.0%

NWG traded down GBX 0.22 on Monday, reaching GBX 662.58. The company had a trading volume of 11,202,932 shares, compared to its average volume of 23,716,070. The company has a market capitalization of £52.61 billion, a P/E ratio of 8.88, a PEG ratio of 0.46 and a beta of 0.81. The company has a fifty day moving average of GBX 693.13 and a 200-day moving average of GBX 637.17. NatWest Group plc has a one year low of GBX 504.41 and a one year high of GBX 726.

NatWest Group (LON:NWG - Get Free Report) last released its quarterly earnings results on Friday, July 31st. The company reported GBX 38.10 EPS for the quarter. NatWest Group had a net margin of 21.17% and a return on equity of 16.16%. Research analysts predict that NatWest Group plc will post 45.9724712 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on NWG shares. JPMorgan Chase & Co. increased their price target on NatWest Group from GBX 790 to GBX 830 and gave the company a "neutral" rating in a research note on Tuesday, September 15th. Royal Bank Of Canada restated a "sector perform" rating and issued a GBX 725 price objective on shares of NatWest Group in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 840 target price on shares of NatWest Group in a research note on Monday, August 3rd. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 770 price target on shares of NatWest Group in a research report on Wednesday, September 2nd. Finally, Berenberg Bank upped their price target on shares of NatWest Group from GBX 860 to GBX 880 and gave the company a "buy" rating in a report on Monday, August 3rd. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of GBX 769.38.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.