NatWest Group (LON:NWG) Insider Acquires £11,907 in Stock

NatWest Group plc (LON:NWG) insider Richard Haythornthwait purchased 2,268 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were acquired at an average price of GBX 525 per share, with a total value of £11,907.

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

• On Friday, September 12th, Richard Haythornthwait purchased 264 shares of NatWest Group stock. The shares were acquired at an average price of GBX 530 per share, with a total value of £1,399.20.

NatWest Group Trading Up 3.8%

Shares of NWG stock opened at GBX 548 on Monday. The firm has a market capitalization of £44.01 billion, a PE ratio of 919.46, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. The firm has a fifty day simple moving average of GBX 528.61 and a two-hundred day simple moving average of GBX 501.66. 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) last announced 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, equities analysts predict that NatWest Group plc will post 45.9724712 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

NWG has been the topic of a number of analyst reports. Shore Capital reaffirmed a “hold” rating and set a GBX 495 price objective on shares of NatWest Group in a report on Friday, July 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 600 price objective on shares of NatWest Group in a report on Monday, July 28th. Citigroup lifted 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. Royal Bank Of Canada lifted their price objective on shares of NatWest Group from GBX 475 to GBX 650 and gave the stock a “sector perform” rating in a report on Wednesday, July 30th. Finally, 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 report on Tuesday, September 9th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, NatWest Group presently has an average rating of “Moderate Buy” and an average target price of GBX 613.33.

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.