NatWest Group (LON:NWG) Hits New 12-Month Low – Time to Sell?

NatWest Group plc (LON:NWG)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 4.61 ($0.06) and last traded at GBX 466.70 ($6.05), with a volume of 147410406 shares changing hands. The stock had previously closed at GBX 464.90 ($6.03).

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. JPMorgan Chase & Co. lifted their target price on NatWest Group from GBX 500 ($6.48) to GBX 510 ($6.61) and gave the stock an “overweight” rating in a research report on Wednesday, February 19th. Citigroup lifted their price objective on shares of NatWest Group from GBX 580 ($7.52) to GBX 615 ($7.97) and gave the company a “buy” rating in a report on Thursday, March 6th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of GBX 467.50 ($6.06).

NatWest Group Stock Down 0.7 %

The firm has a 50 day moving average price of GBX 437.76 and a 200 day moving average price of GBX 396.06. The stock has a market cap of £36.53 billion, a PE ratio of 8.20, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28.

NatWest Group (LON:NWG) last posted its earnings results on Friday, February 14th. The company reported GBX 52.50 ($0.68) EPS for the quarter. NatWest Group had a net margin of 18.21% and a return on equity of 13.29%. Equities analysts forecast that NatWest Group plc will post 45.9724712 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Stuart Lewis bought 774 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were bought at an average price of GBX 397 ($5.15) per share, for a total transaction of £3,072.78 ($3,984.41). 16.15% of the stock is currently owned by insiders.

NatWest Group Company Profile

NatWest Group is a UK-focused banking organisation, serving over 19 million customers, with business operations stretching across retail, commercial and private banking markets.