NatWest Group plc (LON:NWG) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of NatWest Group plc (LON:NWG – Get Free Report) have been given an average recommendation of “Moderate Buy” by the eight brokerages that are presently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 769.38.

Several equities research analysts have commented on NWG shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 840 price target on shares of NatWest Group in a research note on Monday, August 3rd. Berenberg Bank boosted their price target on NatWest Group from GBX 860 to GBX 880 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Jefferies Financial Group reissued a “buy” rating and issued a GBX 770 price target on shares of NatWest Group in a research note on Wednesday, September 2nd. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 725 price target on shares of NatWest Group in a report on Monday, August 3rd. Finally, Citigroup lifted their price objective on shares of NatWest Group from GBX 840 to GBX 860 and gave the company a “buy” rating in a research note on Wednesday, September 23rd.

View Our Latest Stock Report on NatWest Group

Insider Buying and Selling

In other news, insider Katie Murray sold 111,000 shares of the company’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of GBX 690, for a total value of £765,900. Also, insider Paul Thwaite sold 260,000 shares of the firm’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of GBX 690, for a total transaction of £1,794,000. Corporate insiders own 0.21% of the company’s stock.

NatWest Group Stock Performance

NatWest Group stock opened at GBX 662.80 on Wednesday. NatWest Group has a 1 year low of GBX 504.41 and a 1 year high of GBX 726. The firm’s 50-day moving average is GBX 693.13 and its 200-day moving average is GBX 637.17. The company has a market cap of £52.63 billion, a P/E ratio of 8.88, a PEG ratio of 0.46 and a beta of 0.81.

NatWest Group (LON:NWG – Get Free Report) last released its quarterly earnings data on Friday, July 31st. The company reported GBX 38.10 earnings per share for the quarter. NatWest Group had a net margin of 21.17% and a return on equity of 16.16%. As a group, sell-side analysts predict that NatWest Group will post 45.9724712 earnings per share for the current year.

About NatWest Group

(Get Free Report)

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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Analyst Recommendations for NatWest Group (LON:NWG)

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