NatWest Group (LON:NWG) Receives Hold Rating from Shore Capital

Shore Capital reiterated their hold rating on shares of NatWest Group (LON:NWG - Free Report) in a report released on Monday, Marketbeat reports.

A number of other equities research analysts have also recently issued reports on the stock. JPMorgan Chase & Co. upped their price target on shares of NatWest Group from GBX 510 ($6.89) to GBX 550 ($7.44) and gave the company a "top pick" rating in a report on Tuesday, March 25th. Citigroup increased their target price on NatWest Group from GBX 580 ($7.84) to GBX 615 ($8.31) and gave the company a "buy" rating in a research note on Thursday, March 6th.

NatWest Group Stock Up 1.0%

Shares of LON:NWG traded up GBX 5.20 ($0.07) during trading on Monday, reaching GBX 532.80 ($7.20). 16,768,867 shares of the company traded hands, compared to its average volume of 40,534,617. The firm has a fifty day simple moving average of GBX 474.89 and a 200 day simple moving average of GBX 441.47. NatWest Group has a 1-year low of GBX 300.40 ($4.06) and a 1-year high of GBX 532.80 ($7.20). The firm has a market cap of £42.65 billion, a P/E ratio of 9.57, 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, May 2nd. The company reported GBX 15.50 ($0.21) 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 anticipate that NatWest Group will post 45.9724712 EPS for the current year.

Insiders Place Their Bets

In other news, insider Lena Wilson bought 261 shares of NatWest Group stock in a transaction dated Tuesday, April 1st. The shares were bought at an average price of GBX 454 ($6.14) per share, for a total transaction of £1,184.94 ($1,601.92). Corporate insiders own 16.15% of the company's stock.

About NatWest Group

NatWest Group is a UK-focused banking organisation, serving over 19 million customers, with business operations stretching across retail, commercial and private banking markets.