Gill Whitehead Acquires 485 Shares of NatWest Group (LON:NWG) Stock

NatWest Group plc (LON:NWG) insider Gill Whitehead purchased 485 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was purchased at an average cost of GBX 668 per share, with a total value of £3,239.80.

Gill Whitehead also recently made the following trade(s):

• On Tuesday, May 5th, Gill Whitehead acquired 94 shares of NatWest Group stock. The shares were purchased at an average price of GBX 556 per share, for a total transaction of £522.64.

NatWest Group Stock Performance

LON NWG traded up GBX 0.50 during trading on Thursday, reaching GBX 680.10. 22,131,693 shares of the company traded hands, compared to its average volume of 25,665,682. NatWest Group plc has a 1-year low of GBX 475.44 and a 1-year high of GBX 705.40. The company has a market cap of £54.16 billion, a price-to-earnings ratio of 9.74, a P/E/G ratio of 0.46 and a beta of 0.82. The stock’s 50 day moving average price is GBX 600.74 and its two-hundred day moving average price is GBX 611.01.

Analysts Set New Price Targets

Several research analysts have issued reports on NWG shares. JPMorgan Chase & Co. increased their price objective on NatWest Group from GBX 750 to GBX 780 and gave the stock an “overweight” rating in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 840 target price on shares of NatWest Group in a report on Tuesday, May 5th. Jefferies Financial Group cut their price target on shares of NatWest Group from GBX 750 to GBX 730 and set a “buy” rating for the company in a report on Wednesday, May 6th. Shore Capital Group upgraded shares of NatWest Group to a “hold” rating in a research report on Friday, May 1st. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 725 price objective on shares of NatWest Group in a report on Tuesday, May 5th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, NatWest Group has a consensus rating of “Moderate Buy” and a consensus price target of GBX 743.75.

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.