NatWest Group plc (LON:NWG) Receives GBX 594.17 Consensus PT from Analysts

Key Points

• NatWest Group plc has received a consensus recommendation of "Moderate Buy" from six research firms, with an average twelve-month price target set at GBX 594.17.
• Recent price target updates include JP Morgan raising their target to GBX 610, while Citigroup lowered theirs to GBX 595, both maintaining a buy rating on the stock.
• Insider trading activity includes Paul Thwaite selling 26,481 shares and Geeta Gopalan purchasing 620 shares, reflecting ongoing confidence in the company's performance.

NatWest Group plc (LON:NWG - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the six research firms that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is GBX 594.17.

NWG has been the subject of several research reports. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 600 price objective on shares of NatWest Group in a research report on Monday, July 28th. Jefferies Financial Group raised their price objective on shares of NatWest Group from GBX 530 to GBX 615 and gave the company a "buy" rating in a research report on Tuesday. JPMorgan Chase & Co. raised their price objective on shares of NatWest Group from GBX 600 to GBX 610 and gave the company an "overweight" rating in a research report on Monday, July 28th. Shore Capital restated a "hold" rating and set a GBX 495 price objective on shares of NatWest Group in a research report on Friday, July 25th. Finally, Royal Bank Of Canada raised their price objective on shares of NatWest Group from GBX 475 to GBX 650 and gave the company a "sector perform" rating in a research report on Wednesday, July 30th.

NatWest Group Price Performance

Shares of NWG stock traded down GBX 7.80 during trading hours on Tuesday, reaching GBX 536.60. The stock had a trading volume of 17,325,941 shares, compared to its average volume of 34,398,324. NatWest Group has a twelve month low of GBX 325.70 and a twelve month high of GBX 565.42. The firm has a 50-day simple moving average of GBX 516.87 and a 200-day simple moving average of GBX 488.73. The firm has a market capitalization of £42.95 billion, a PE ratio of 9.64, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28.

NatWest Group (LON:NWG - Get Free Report) last released 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, equities analysts anticipate that NatWest Group will post 45.9724712 earnings per share for the current year.

Insider Buying and Selling

In other NatWest Group news, insider Paul Thwaite sold 26,481 shares of the firm's stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of GBX 516, for a total value of £136,641.96. Also, insider Geeta Gopalan bought 620 shares of the firm's stock in a transaction on Tuesday, July 1st. The stock was purchased at an average price of GBX 501 per share, with a total value of £3,106.20. Over the last 90 days, insiders acquired 5,552 shares of company stock valued at $2,781,552. Company insiders own 16.15% of the company's stock.

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.