NatWest Group plc (LON:NWG) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• NatWest Group plc has received a consensus rating of "Moderate Buy" from six brokerages, with two hold ratings and four buy ratings.
• The average 12-month target price for NatWest Group shares is GBX 613.33, with price objectives varying from GBX 495 to GBX 700 among different analysts.
• Insider trading activity includes the purchase of 620 shares by Geeta Gopalan and the sale of 26,481 shares by Paul Thwaite, indicating mixed insider sentiment.

Shares of NatWest Group plc (LON:NWG - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the six analysts that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 613.33.

A number of equities research analysts have recently weighed in on the stock. Royal Bank Of Canada boosted their price objective on shares of NatWest Group from GBX 475 to GBX 650 and gave the stock a "sector perform" rating in a report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 600 price target on shares of NatWest Group in a research note on Monday, July 28th. Citigroup upped their price target on shares of NatWest Group from GBX 595 to GBX 620 and gave the company a "buy" rating in a research report on Tuesday, September 9th. Shore Capital reiterated a "hold" rating and issued a GBX 495 price objective on shares of NatWest Group in a report on Friday, July 25th. Finally, JPMorgan Chase & Co. increased their target price on NatWest Group from GBX 610 to GBX 700 and gave the company an "overweight" rating in a report on Tuesday, September 9th.

Insiders Place Their Bets

In other news, insider Lena Wilson acquired 149 shares of the firm's stock in a transaction on Friday, September 12th. The shares were purchased at an average price of GBX 530 per share, for a total transaction of £789.70. Also, insider Geeta Gopalan bought 48 shares of the business's stock in a transaction that occurred on Friday, September 12th. The stock was acquired at an average cost of GBX 530 per share, for a total transaction of £254.40. Over the last 90 days, insiders have purchased 6,710 shares of company stock worth $3,395,292. 0.19% of the stock is currently owned by insiders.

NatWest Group Price Performance

NWG stock traded down GBX 8.86 during mid-day trading on Friday, hitting GBX 516.94. 84,717,406 shares of the stock were exchanged, compared to its average volume of 33,270,629. The business has a fifty day moving average price of GBX 524.16 and a 200 day moving average price of GBX 496.33. NatWest Group has a 12 month low of GBX 327.30 and a 12 month high of GBX 565.42. The stock has a market capitalization of £41.63 billion, a price-to-earnings ratio of 867.35, a PEG ratio of 0.46 and a beta of 1.28.

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