Insider Buying: NatWest Group (LON:NWG) Insider Purchases £3,108 in Stock

NatWest Group plc (LON:NWG) insider Geeta Gopalan acquired 592 shares of the firm’s stock in a transaction on Wednesday, October 1st. The stock was purchased at an average price of GBX 525 per share, for a total transaction of £3,108.

Geeta Gopalan also recently made the following trade(s):

• On Friday, September 12th, Geeta Gopalan acquired 48 shares of NatWest Group stock. The stock was purchased at an average price of GBX 530 per share, for a total transaction of £254.40.

NatWest Group Stock Performance

Shares of NWG opened at GBX 548 on Monday. The firm has a market capitalization of £44.01 billion, a price-to-earnings ratio of 919.46, a PEG ratio of 0.46 and a beta of 1.28. The business’s fifty day moving average price is GBX 528.61 and its two-hundred day moving average price is GBX 501.66. NatWest Group plc has a 52 week low of GBX 329.90 and a 52 week high of GBX 565.42.

NatWest Group (LON:NWG) last announced its quarterly earnings data on Friday, July 25th. The company reported GBX 30.90 EPS for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. As a group, research analysts forecast that NatWest Group plc will post 45.9724712 EPS for the current year.

Analyst Ratings Changes

NWG has been the topic of a number of recent research reports. Royal Bank Of Canada increased their price objective on NatWest Group from GBX 475 to GBX 650 and gave the company a “sector perform” rating in a research report on Wednesday, July 30th. JPMorgan Chase & Co. raised their price target on NatWest Group from GBX 610 to GBX 700 and gave the stock an “overweight” rating in a research report on Tuesday, September 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 600 price target on shares of NatWest Group in a research report on Monday, July 28th. Shore Capital restated a “hold” rating and issued a GBX 495 price target on shares of NatWest Group in a research report on Friday, July 25th. Finally, Jefferies Financial Group raised their price objective on NatWest Group from GBX 530 to GBX 615 and gave the stock a “buy” rating in a research note on Tuesday, August 26th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 613.33.

About NatWest Group

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.