Richard Haythornthwait Buys 2,268 Shares of NatWest Group (LON:NWG) Stock

Key Points

• Richard Haythornthwait, an insider at NatWest Group, purchased 2,268 shares at an average cost of GBX 525 per share, totaling approximately £11,907 on October 1st.
• NatWest Group's shares rose 3.8% to GBX 548, with a market capitalization of £44.14 billion and an earnings per share of GBX 30.90 reported for the last quarter.
• Several investment firms, including Citigroup and JPMorgan Chase & Co., have upgraded their price targets for NatWest Group to as high as GBX 700, reflecting a positive outlook among analysts.

NatWest Group plc (LON:NWG - Get Free Report) insider Richard Haythornthwait acquired 2,268 shares of the firm's stock in a transaction dated Wednesday, October 1st. The shares were purchased at an average cost of GBX 525 per share, for a total transaction of £11,907.

Richard Haythornthwait also recently made the following trade(s):

• On Friday, September 12th, Richard Haythornthwait bought 264 shares of NatWest Group stock. The shares were bought at an average cost of GBX 530 per share, for a total transaction of £1,399.20.

NatWest Group Trading Up 3.8%

Shares of LON NWG traded up GBX 20.20 during trading hours on Friday, hitting GBX 548. 20,991,793 shares of the company traded hands, compared to its average volume of 32,849,262. The stock has a market capitalization of £44.14 billion, a price-to-earnings ratio of 919.46, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. The company's 50 day moving average price is GBX 528.04 and its 200 day moving average price is GBX 500.55. NatWest Group plc has a 12 month low of GBX 329.90 and a 12 month high of GBX 565.42.

NatWest Group (LON:NWG - Get Free Report) last released its earnings results 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%. Equities analysts anticipate that NatWest Group plc will post 45.9724712 EPS for the current year.

Analyst Ratings Changes

Several brokerages have commented on NWG. Citigroup upped their price objective on NatWest Group from GBX 595 to GBX 620 and gave the company a "buy" rating in a research report on Tuesday, September 9th. Royal Bank Of Canada upped their price objective on NatWest Group from GBX 475 to GBX 650 and gave the company a "sector perform" rating in a research report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft reaffirmed 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 upped their price objective on NatWest Group from GBX 530 to GBX 615 and gave the company a "buy" rating in a research report on Tuesday, August 26th. Finally, JPMorgan Chase & Co. lifted their price target on shares of NatWest Group from GBX 610 to GBX 700 and gave the company an "overweight" rating in a research note on Tuesday, September 9th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, NatWest Group presently has a consensus rating of "Moderate Buy" and an average target price of GBX 613.33.

About NatWest Group

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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