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

NatWest Group plc (LON:NWG) has been assigned an average recommendation of “Moderate Buy” from the seven research firms that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 727.14.

NWG has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 840 target price 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 research note on Wednesday, May 6th. JPMorgan Chase & Co. lifted their target price on NatWest Group from GBX 750 to GBX 780 and gave the company an “overweight” rating in a research note on Monday, April 13th. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 725 price objective on shares of NatWest Group in a research report on Tuesday, May 5th. Finally, Shore Capital Group upgraded NatWest Group to a “hold” rating in a research report on Friday, May 1st.

NatWest Group Stock Down 0.2%

Shares of NatWest Group stock opened at GBX 636.60 on Monday. The firm has a market cap of £50.69 billion, a P/E ratio of 9.12, a P/E/G ratio of 0.46 and a beta of 0.82. NatWest Group has a fifty-two week low of GBX 471 and a fifty-two week high of GBX 705.40. The business has a 50-day moving average price of GBX 594.23 and a 200 day moving average price of GBX 608.99.

Insider Buying and Selling at NatWest Group

In other NatWest Group news, insider Josh Critchley acquired 661 shares of NatWest Group stock in a transaction dated Tuesday, May 5th. The stock was acquired at an average cost of GBX 556 per share, for a total transaction of £3,675.16. Also, insider Roisin Donnelly acquired 466 shares of NatWest Group stock in a transaction dated Tuesday, May 5th. The shares were acquired at an average price of GBX 556 per share, with a total value of £2,590.96. In the last 90 days, insiders acquired 4,014 shares of company stock valued at $2,231,784. 0.21% of the stock is currently owned by insiders.

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.