NatWest Group plc (LON:NWG) Insider Katie Murray Sells 18,055 Shares

Key Points

• NatWest Group insider Katie Murray sold 18,055 shares for a total of £93,163.80, representing a significant transaction date on August 7th.
• The stock saw a 0.8% increase in trading, reaching GBX 519.40, with a significant volume of over 149 million shares exchanged.
• Multiple analysts have issued varying ratings for NatWest Group, with a consensus rating of “Moderate Buy” and an average price target of GBX 560.83.

NatWest Group plc (LON:NWG - Get Free Report) insider Katie Murray sold 18,055 shares of NatWest Group stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of GBX 516 ($6.97), for a total transaction of £93,163.80 ($125,778.05).

NatWest Group Price Performance

Shares of LON:NWG traded up GBX 3.60 ($0.05) on Tuesday, reaching GBX 536.60 ($7.24). 13,080,434 shares of the company traded hands, compared to its average volume of 35,400,332. NatWest Group plc has a fifty-two week low of GBX 325.70 ($4.40) and a fifty-two week high of GBX 539.20 ($7.28). The company's 50 day moving average is GBX 509.26 and its 200-day moving average is GBX 478.84. The stock has a market capitalization of £42.95 billion, a PE ratio of 9.64, a P/E/G ratio of 0.46 and a beta of 1.28.

NatWest Group (LON:NWG - Get Free Report) last announced its earnings results on Friday, July 25th. The company reported GBX 30.90 ($0.42) earnings per share (EPS) for the quarter. NatWest Group had a net margin of 18.21% and a return on equity of 13.29%. As a group, analysts expect that NatWest Group plc will post 45.9724712 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Shore Capital restated a "hold" rating and set a GBX 495 ($6.68) price objective on shares of NatWest Group in a research note on Friday, July 25th. JPMorgan Chase & Co. upped their target price on NatWest Group from GBX 600 ($8.10) to GBX 610 ($8.24) and gave the stock an "overweight" rating in a research report on Monday, July 28th. Royal Bank Of Canada upped their target price on NatWest Group from GBX 475 ($6.41) to GBX 650 ($8.78) and gave the stock a "sector perform" rating in a research report on Wednesday, July 30th. Citigroup cut their target price on NatWest Group from GBX 610 ($8.24) to GBX 595 ($8.03) and set a "buy" rating for the company in a research report on Friday, August 1st. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 600 ($8.10) target price on shares of NatWest Group in a research report on Monday, July 28th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of GBX 560.83 ($7.57).

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.