NatWest Group plc (LON:NWG) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• NatWest Group plc has received an average brokerage rating of "Moderate Buy" from six analysts, with four buy ratings and two holds.
• The stock's average 1-year price objective stands at GBX 564.17 ($7.53), reflecting a positive outlook from analysts.
• Recent insider activity includes purchases from executives, with a total of 5,552 shares acquired in the last three months, indicating confidence in the company's performance.

NatWest Group plc (LON:NWG - Get Free Report) has earned an average rating of "Moderate Buy" from the six analysts that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 560.83 ($7.44).

Several brokerages have recently commented on NWG. Royal Bank Of Canada upped their price objective on shares of NatWest Group from GBX 475 ($6.30) to GBX 650 ($8.63) and gave the company a "sector perform" rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 600 ($7.96) price objective on shares of NatWest Group in a research note on Monday, July 28th. Citigroup lowered their price objective on shares of NatWest Group from GBX 610 ($8.10) to GBX 595 ($7.90) and set a "buy" rating for the company in a research note on Friday. Shore Capital reaffirmed a "hold" rating and set a GBX 495 ($6.57) price objective on shares of NatWest Group in a research note on Friday, July 25th. Finally, JPMorgan Chase & Co. boosted their price target on shares of NatWest Group from GBX 600 ($7.96) to GBX 610 ($8.10) and gave the company an "overweight" rating in a research report on Monday, July 28th.

Insider Activity at NatWest Group

In related news, insider Gill Whitehead bought 569 shares of the business's stock in a transaction on Tuesday, July 1st. The shares were bought at an average price of GBX 501 ($6.65) per share, for a total transaction of £2,850.69 ($3,783.77). Also, insider Yasmin Jetha bought 239 shares of the business's stock in a transaction that occurred on Tuesday, July 1st. The stock was purchased at an average cost of GBX 501 ($6.65) per share, for a total transaction of £1,197.39 ($1,589.32). Insiders have purchased a total of 5,552 shares of company stock worth $2,781,552 over the last ninety days. 16.15% of the stock is currently owned by company insiders.

NatWest Group Stock Down 2.9%

NWG stock traded down GBX 15.40 ($0.20) during trading on Wednesday, reaching GBX 511.60 ($6.79). The stock had a trading volume of 18,264,434 shares, compared to its average volume of 36,008,641. NatWest Group has a one year low of GBX 309 ($4.10) and a one year high of GBX 537.20 ($7.13). The company's 50 day moving average is GBX 509.25 and its two-hundred day moving average is GBX 473.99. The company has a market capitalization of £40.95 billion, a price-to-earnings ratio of 9.19, a P/E/G ratio of 0.46 and a beta of 1.28.

NatWest Group (LON:NWG - Get Free Report) last announced its quarterly earnings results on Friday, July 25th. The company reported GBX 30.90 ($0.41) EPS for the quarter. NatWest Group had a net margin of 18.21% and a return on equity of 13.29%. As a group, research analysts predict that NatWest Group will post 45.9724712 earnings per share for the current fiscal year.

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.