NatWest Group plc (LON:NWG) Receives GBX 351 Average Target Price from Brokerages

Shares of NatWest Group plc (LON:NWG) have been given a consensus rating of “Moderate Buy” by the six research firms that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 351 ($4.44).

A number of analysts have recently commented on the company. Berenberg Bank restated a “buy” rating and set a GBX 415 ($5.25) price objective on shares of NatWest Group in a report on Wednesday, August 21st. Citigroup restated a “buy” rating on shares of NatWest Group in a report on Monday, September 2nd.

NatWest Group Stock Up 1.6 %

Shares of NatWest Group stock opened at GBX 413.10 ($5.23) on Tuesday. The firm has a market cap of £34.41 billion, a PE ratio of 865.11, a P/E/G ratio of 0.46 and a beta of 1.28. NatWest Group has a fifty-two week low of GBX 203.10 ($2.57) and a fifty-two week high of GBX 416.80 ($5.28). The business’s fifty day moving average is GBX 367.39 and its two-hundred day moving average is GBX 341.94.

Insider Transactions at NatWest Group

In other news, insider Katie Murray sold 533,746 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of GBX 392 ($4.96), for a total transaction of £2,092,284.32 ($2,648,125.96). Also, insider Yasmin Jetha purchased 842 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The stock was acquired at an average price of GBX 344 ($4.35) per share, for a total transaction of £2,896.48 ($3,665.97). Company insiders own 16.15% of the company’s stock.

NatWest Group Company Profile

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Private Banking, and Commercial & Institutional segments.