NatWest Group plc (LON:NWG) Receives GBX 613.33 Average Price Target from Brokerages

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.

NatWest Group plc (LON:NWG - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the six brokerages that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 613.33.

A number of research firms have recently commented on NWG. Citigroup raised their price objective on shares of NatWest Group from GBX 595 to GBX 620 and gave the stock a "buy" rating in a report on Tuesday, September 9th. JPMorgan Chase & Co. lifted their price objective on shares of NatWest Group from GBX 610 to GBX 700 and gave the stock an "overweight" rating in a research note on Tuesday, September 9th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 600 price objective on shares of NatWest Group in a research report on Monday, July 28th. Jefferies Financial Group boosted their target price on shares of NatWest Group from GBX 530 to GBX 615 and gave the stock a "buy" rating in a report on Tuesday, August 26th. Finally, Royal Bank Of Canada raised their target price on shares of NatWest Group from GBX 475 to GBX 650 and gave the stock a "sector perform" rating in a research note on Wednesday, July 30th.

Insider Buying and Selling

In other NatWest Group news, insider Geeta Gopalan bought 48 shares of the stock in a transaction dated Friday, September 12th. The shares were bought at an average cost of GBX 530 per share, for a total transaction of £254.40. Also, insider Patrick Flynn purchased 169 shares of the firm's stock in a transaction dated Friday, September 12th. The shares were bought at an average price of GBX 530 per share, for a total transaction of £895.70. Insiders have purchased a total of 6,710 shares of company stock worth $3,395,292 over the last ninety days. 0.19% of the stock is owned by company insiders.

NatWest Group Stock Performance

Shares of NatWest Group stock traded up GBX 2.40 during trading on Friday, reaching GBX 515. The company had a trading volume of 20,197,824 shares, compared to its average volume of 33,237,715. NatWest Group has a fifty-two week low of GBX 327.30 and a fifty-two week high of GBX 565.42. The firm's fifty day moving average is GBX 524.46 and its 200-day moving average is GBX 496.94. The company has a market cap of £41.48 billion, a price-to-earnings ratio of 864.09, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28.

NatWest Group (LON:NWG - Get Free Report) last posted its earnings results on Friday, July 25th. The company reported GBX 30.90 EPS for the quarter. NatWest Group had a net margin of 18.21% and a return on equity of 13.29%. On average, research analysts anticipate 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.