NatWest Group (LON:NWG) Insider Buys £3,186.75 in Stock

Key Points

• Stuart Lewis, an insider at NatWest Group, purchased 607 shares for a total of £3,186.75 at an average price of GBX 525 per share on October 1st.
• NatWest Group's stock saw a 3.8% increase in trading, reaching GBX 548, with a current market capitalization of £44.14 billion.
• Several analysts maintain a "buy" rating for NatWest Group, with target prices ranging from GBX 495 to GBX 700, indicating a generally positive outlook for the company’s shares.

NatWest Group plc (LON:NWG - Get Free Report) insider Stuart Lewis acquired 607 shares of the stock in a transaction on Wednesday, October 1st. The stock was bought at an average price of GBX 525 per share, for a total transaction of £3,186.75.

Stuart Lewis also recently made the following trade(s):

• On Friday, September 12th, Stuart Lewis acquired 170 shares of NatWest Group stock. The stock was bought at an average price of GBX 530 per share, for a total transaction of £901.

NatWest Group Trading Up 3.8%

NatWest Group stock traded up GBX 20.20 during mid-day trading on Friday, hitting GBX 548. The company had a trading volume of 20,991,793 shares, compared to its average volume of 32,849,262. NatWest Group plc has a 12-month low of GBX 329.90 and a 12-month high of GBX 565.42. The company's fifty day moving average is GBX 528.04 and its 200-day moving average is GBX 500.55. The company has a market capitalization of £44.14 billion, a price-to-earnings ratio of 919.46, a P/E/G ratio of 0.46 and a beta of 1.28.

NatWest Group (LON:NWG - Get Free Report) last released its quarterly earnings data on Friday, July 25th. The company reported GBX 30.90 EPS for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. As a group, sell-side analysts expect that NatWest Group plc will post 45.9724712 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

NWG has been the subject of several research analyst reports. Shore Capital reaffirmed a "hold" rating and set a GBX 495 target price on shares of NatWest Group in a research note on Friday, July 25th. Citigroup upped their target price on NatWest Group from GBX 595 to GBX 620 and gave the stock a "buy" rating in a research note on Tuesday, September 9th. Jefferies Financial Group upped their target price on NatWest Group from GBX 530 to GBX 615 and gave the stock a "buy" rating in a research note on Tuesday, August 26th. JPMorgan Chase & Co. upped their target price on NatWest Group from GBX 610 to GBX 700 and gave the stock an "overweight" rating in a research note on Tuesday, September 9th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 600 target price on shares of NatWest Group in a research note on Monday, July 28th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average 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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