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NatWest Group (LON:NWG) Reaches New 12-Month High - What's Next?

NatWest Group logo with Financial Services background

NatWest Group plc (LON:NWG - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 508.40 ($6.76) and last traded at GBX 505.20 ($6.72), with a volume of 888778813 shares traded. The stock had previously closed at GBX 500 ($6.65).

Wall Street Analyst Weigh In

NWG has been the topic of several research analyst reports. Shore Capital restated a "hold" rating on shares of NatWest Group in a research report on Friday, May 2nd. Citigroup raised their price target on shares of NatWest Group from GBX 580 ($7.71) to GBX 615 ($8.18) and gave the stock a "buy" rating in a research report on Thursday, March 6th. Finally, JPMorgan Chase & Co. raised their price target on shares of NatWest Group from GBX 510 ($6.78) to GBX 550 ($7.31) and gave the stock a "top pick" rating in a research report on Tuesday, March 25th.

Check Out Our Latest Research Report on NWG

NatWest Group Trading Up 1.0%

The business's fifty day moving average price is GBX 460.37 and its 200 day moving average price is GBX 430.97. The company has a market capitalization of £40.44 billion, a P/E ratio of 9.07, 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, 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%. Equities research analysts anticipate that NatWest Group plc will post 45.9724712 EPS for the current year.

Insider Transactions at NatWest Group

In other news, insider Lena Wilson purchased 261 shares of the business's stock in a transaction that occurred on Tuesday, April 1st. The stock was purchased at an average cost of GBX 454 ($6.04) per share, with a total value of £1,184.94 ($1,575.72). 16.15% of the stock is owned by insiders.

About NatWest Group

(Get Free Report)

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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