NatWest Group (LON:NWG) Insider Paul Thwaite Sells 260,000 Shares of Stock

Key Points

• Insider sale: NatWest Group insider Paul Thwaite sold 260,000 shares at GBX 690 each, generating proceeds of approximately £1.794 million.
• Share performance: NatWest shares recently traded at GBX 701.20, near their 52-week high of GBX 726, with a market capitalization of about £55.81 billion.
• Analyst outlook: Analysts maintain a “Moderate Buy” consensus, with an average price target of GBX 761.88; five analysts rate the stock Buy and three rate it Hold.

NatWest Group plc (LON:NWG - Get Free Report) insider Paul Thwaite sold 260,000 shares of the stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of GBX 690, for a total transaction of £1,794,000.

NatWest Group Price Performance

Shares of LON:NWG traded up GBX 3.80 during trading on Friday, reaching GBX 701.20. 60,722,477 shares of the stock were exchanged, compared to its average volume of 24,191,330. NatWest Group plc has a 1-year low of GBX 504 and a 1-year high of GBX 726. The stock has a fifty day moving average of GBX 683.38 and a two-hundred day moving average of GBX 623.43. The firm has a market cap of £55.81 billion, a price-to-earnings ratio of 9.40, a price-to-earnings-growth ratio of 0.46 and a beta of 0.81.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on NWG shares. Citigroup boosted their price target on NatWest Group from GBX 820 to GBX 840 and gave the stock a "buy" rating in a research report on Monday, August 3rd. JPMorgan Chase & Co. lifted their price objective on NatWest Group from GBX 780 to GBX 790 and gave the company an "overweight" rating in a research note on Monday, August 3rd. Royal Bank Of Canada reissued a "sector perform" rating and issued a GBX 725 target price on shares of NatWest Group in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 840 target price on shares of NatWest Group in a report on Monday, August 3rd. Finally, Berenberg Bank increased their price objective on shares of NatWest Group from GBX 860 to GBX 880 and gave the company a "buy" rating in a research report on Monday, August 3rd. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of GBX 761.88.

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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