NatWest Group plc (LON:NWG) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of NatWest Group plc (LON:NWG) have been assigned a consensus recommendation of “Moderate Buy” from the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 743.75.

A number of analysts have commented on NWG shares. Shore Capital Group raised NatWest Group to a “hold” rating in a research report on Friday, May 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 840 price objective on shares of NatWest Group in a research note on Tuesday, May 5th. Jefferies Financial Group decreased their target price on NatWest Group from GBX 750 to GBX 730 and set a “buy” rating for the company in a report on Wednesday, May 6th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 725 target price on shares of NatWest Group in a research report on Tuesday, May 5th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 860 price target on shares of NatWest Group in a report on Wednesday, June 24th.

NatWest Group Price Performance

LON NWG opened at GBX 677.60 on Friday. The stock’s fifty day moving average price is GBX 629.82 and its 200 day moving average price is GBX 613.74. NatWest Group has a 1 year low of GBX 500.20 and a 1 year high of GBX 705.40. The company has a market cap of £53.93 billion, a price-to-earnings ratio of 9.71, a PEG ratio of 0.46 and a beta of 0.81.

Insider Activity at NatWest Group

In related news, insider Stuart Lewis purchased 497 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was bought at an average cost of GBX 668 per share, with a total value of £3,319.96. Also, insider Geeta Gopalan bought 487 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was purchased at an average price of GBX 668 per share, with a total value of £3,253.16. Insiders acquired a total of 6,761 shares of company stock valued at $4,066,780 over the last ninety days. Corporate insiders own 0.21% of the company’s stock.

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.