NatWest Group (LON:NWG) Insider Patrick Flynn Acquires 196 Shares of Stock

NatWest Group plc (LON:NWG) insider Patrick Flynn bought 196 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The stock was bought at an average price of GBX 670 per share, for a total transaction of £1,313.20.

NatWest Group Trading Down 0.0%

LON:NWG opened at GBX 662.58 on Tuesday. NatWest Group plc has a 12 month low of GBX 504.41 and a 12 month high of GBX 726. The company has a market cap of £52.61 billion, a PE ratio of 8.88, a price-to-earnings-growth ratio of 0.46 and a beta of 0.81. The company has a 50 day simple moving average of GBX 692.76 and a two-hundred day simple moving average of GBX 637.74.

NatWest Group (LON:NWG) last posted its quarterly earnings data on Friday, July 31st. The company reported GBX 38.10 EPS for the quarter. NatWest Group had a return on equity of 16.16% and a net margin of 21.17%. Research analysts forecast that NatWest Group plc will post 45.9724712 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have weighed in on NWG. Berenberg Bank upped their price target on NatWest Group from GBX 860 to GBX 880 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Citigroup boosted their target price on NatWest Group from GBX 840 to GBX 860 and gave the company a “buy” rating in a research report on Wednesday, September 23rd. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 725 target price on shares of NatWest Group in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 840 target price on shares of NatWest Group in a research note on Monday, August 3rd. Finally, JPMorgan Chase & Co. lifted their target price on NatWest Group from GBX 790 to GBX 830 and gave the stock a “neutral” rating in a research report on Tuesday, September 15th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, NatWest Group presently has an average rating of “Moderate Buy” and a consensus target price of GBX 769.38.

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.