NatWest Group (LON:NWG) Rating Lowered to Hold at Shore Capital

Shore Capital lowered shares of NatWest Group (LON:NWG) to a hold rating in a research report released on Monday morning, Marketbeat.com reports.

A number of other equities research analysts also recently weighed in on the company. Keefe, Bruyette & Woods downgraded NatWest Group to an underperform rating and set a GBX 230 ($2.92) price target for the company. in a research note on Monday, February 12th. Peel Hunt began coverage on NatWest Group in a research note on Friday, April 19th. They set a buy rating and a GBX 330 ($4.19) price target for the company. JPMorgan Chase & Co. raised their price objective on NatWest Group from GBX 270 ($3.43) to GBX 290 ($3.69) and gave the company an overweight rating in a research note on Tuesday, April 9th. Finally, Berenberg Bank raised their price objective on NatWest Group from GBX 300 ($3.81) to GBX 325 ($4.13) and gave the company a buy rating in a research note on Friday, February 16th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of Moderate Buy and an average price target of GBX 309.38 ($3.93).

NatWest Group Trading Down 0.5 %

Shares of NatWest Group stock opened at GBX 313.50 ($3.98) on Monday. The stock has a 50-day moving average price of GBX 285.09 and a 200 day moving average price of GBX 241.82. The company has a market cap of £27.37 billion, a P/E ratio of 667.02, a P/E/G ratio of 0.46 and a beta of 1.31. NatWest Group has a 1 year low of GBX 168 ($2.14) and a 1 year high of GBX 329.80 ($4.19).

Insider Buying and Selling at NatWest Group

In other NatWest Group news, insider Mark Seligman bought 159 shares of the stock in a transaction on Wednesday, May 1st. The shares were purchased at an average price of GBX 303 ($3.85) per share, with a total value of £481.77 ($612.32). Insiders own 27.08% of the company’s stock.

About NatWest Group

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.