NatWest Group plc (LON:NWG – Get Free Report) has earned an average rating of “Moderate Buy” from the eight ratings firms that are covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 769.38.
NWG has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 840 price objective on shares of NatWest Group in a research note on Monday, August 3rd. Berenberg Bank boosted their target price on shares of NatWest Group from GBX 860 to GBX 880 and gave the company a “buy” rating in a research report on Monday, August 3rd. Citigroup boosted their target price on shares of NatWest Group from GBX 840 to GBX 860 and gave the company a “buy” rating in a research report on Wednesday, September 23rd. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 770 price target on shares of NatWest Group in a report on Wednesday, September 2nd. Finally, JPMorgan Chase & Co. upped their price target on shares of NatWest Group from GBX 790 to GBX 830 and gave the stock a “neutral” rating in a report on Tuesday, September 15th.
Read Our Latest Analysis on NWG
Insider Activity
In other news, insider Roisin Donnelly acquired 193 shares of the stock in a transaction on Thursday, October 1st. The stock was acquired at an average cost of GBX 670 per share, for a total transaction of £1,293.10. Also, insider Patrick Flynn acquired 196 shares of the stock in a transaction on Thursday, October 1st. The shares were purchased at an average price of GBX 670 per share, with a total value of £1,313.20. Over the last ninety days, insiders acquired 396 shares of company stock valued at $261,386. 0.21% of the stock is owned by insiders.
NatWest Group Stock Performance
Shares of LON NWG opened at GBX 623.34 on Friday. NatWest Group has a 52 week low of GBX 504.41 and a 52 week high of GBX 788.20. The stock has a market capitalization of £49.39 billion, a P/E ratio of 8.36, a PEG ratio of 0.46 and a beta of 0.82. The stock’s fifty day moving average is GBX 678.66 and its 200 day moving average is GBX 647.29.
NatWest Group (LON:NWG – Get Free Report) last posted its quarterly earnings results on Friday, July 31st. The company reported GBX 38.10 EPS for the quarter. NatWest Group had a return on equity of 16.16% and a net margin of 21.17%. Equities research analysts forecast that NatWest Group will post 45.97 earnings per share for the current year.
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.
Read More
- Five stocks we like better than NatWest Group
- Bloom Energy Just Reported—Its Biggest Order Is Still Waiting on a Pipeline
- Why Western Digital’s AI Storage Boom Defies the Chip Sell-Off
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
Receive News & Ratings for NatWest Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NatWest Group and related companies with MarketBeat.com's FREE daily email newsletter.
