NatWest Group plc (LON:NWG) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• NatWest Group plc has received a consensus rating of "Moderate Buy" from six analysts, with four suggesting a buy and two recommending a hold.
• The average 1-year price target among analysts for NatWest Group is GBX 613.33, showing a positive outlook on the stock's performance.
• Recent insider transactions indicate confidence in the company, with two insiders purchasing shares at an average cost of GBX 525 each.

NatWest Group plc (LON:NWG - Get Free Report) has been assigned an average rating of "Moderate Buy" from the six analysts that are covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 613.33.

A number of equities analysts have commented on NWG shares. Shore Capital reissued a "hold" rating and issued a GBX 495 price target on shares of NatWest Group in a research note on Friday, July 25th. Jefferies Financial Group upped their price objective on NatWest Group from GBX 530 to GBX 615 and gave the stock a "buy" rating in a report on Tuesday, August 26th. Citigroup upped their target price on NatWest Group from GBX 595 to GBX 620 and gave the stock a "buy" rating in a research note on Tuesday, September 9th. Royal Bank Of Canada upped their target price on NatWest Group from GBX 475 to GBX 650 and gave the stock a "sector perform" rating in a research note on Wednesday, July 30th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 600 price objective on shares of NatWest Group in a research note on Monday, July 28th.

NatWest Group Price Performance

NWG opened at GBX 550.80 on Wednesday. The company has a fifty day moving average price of GBX 531.64 and a 200-day moving average price of GBX 505.36. The firm has a market capitalization of £44.23 billion, a P/E ratio of 924.16, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. NatWest Group has a one year low of GBX 352.40 and a one year high of GBX 565.42.

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

Insider Buying and Selling at NatWest Group

In related news, insider Stuart Lewis bought 607 shares of the company's stock in a transaction that occurred on Wednesday, October 1st. The stock was bought at an average cost of GBX 525 per share, for a total transaction of £3,186.75. Also, insider Yasmin Jetha acquired 228 shares of the company's stock in a transaction dated Wednesday, October 1st. The shares were bought at an average cost of GBX 525 per share, with a total value of £1,197. Over the last quarter, insiders bought 6,541 shares of company stock valued at $3,439,815. 0.19% of the stock is currently owned by insiders.

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.

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