Shares of NatWest Group plc (LON:NWG - Get Free Report) hit a new 52-week high on Monday . The stock traded as high as GBX 508.40 ($6.88) and last traded at GBX 505.20 ($6.84), with a volume of 888778813 shares trading hands. The stock had previously closed at GBX 500 ($6.77).
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on NWG. JPMorgan Chase & Co. boosted their target price on shares of NatWest Group from GBX 510 ($6.90) to GBX 550 ($7.45) and gave the company a "top pick" rating in a research note on Tuesday, March 25th. Citigroup boosted their target price on shares of NatWest Group from GBX 580 ($7.85) to GBX 615 ($8.33) and gave the company a "buy" rating in a research note on Thursday, March 6th. Finally, Shore Capital reissued a "hold" rating on shares of NatWest Group in a research note on Friday, May 2nd.
Get Our Latest Report on NWG
NatWest Group Trading Down 0.2%
The stock's 50 day moving average price is GBX 467.54 and its 200 day moving average price is GBX 435.46. The company has a market cap of £41.88 billion, a price-to-earnings ratio of 9.39, a P/E/G ratio of 0.46 and a beta of 1.28.
NatWest Group (LON:NWG - Get Free Report) last posted its quarterly earnings data on Friday, May 2nd. The company reported GBX 15.50 ($0.21) EPS for the quarter. NatWest Group had a net margin of 18.21% and a return on equity of 13.29%. On average, equities analysts expect that NatWest Group plc will post 45.9724712 earnings per share for the current fiscal year.
Insider Activity
In other news, insider Lena Wilson bought 261 shares of the firm's stock in a transaction dated Tuesday, April 1st. The stock was acquired at an average price of GBX 454 ($6.15) per share, for a total transaction of £1,184.94 ($1,604.09). Corporate insiders own 16.15% of the company's stock.
About NatWest Group
(
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NatWest Group is a UK-focused banking organisation, serving over 19 million customers, with business operations stretching across retail, commercial and private banking markets.
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