NatWest Group (LON:NWG - Get Free Report) had its target price boosted by equities research analysts at JPMorgan Chase & Co. from GBX 500 ($6.32) to GBX 510 ($6.44) in a research report issued to clients and investors on Wednesday, Marketbeat reports. The brokerage currently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price objective points to a potential upside of 12.31% from the company's current price.
NatWest Group Stock Performance
NWG traded up GBX 18.01 ($0.23) during midday trading on Wednesday, hitting GBX 454.11 ($5.74). The company had a trading volume of 31,236,619 shares, compared to its average volume of 24,052,273. The company has a market capitalization of £36.35 billion, a PE ratio of 8.15, a P/E/G ratio of 0.46 and a beta of 1.28. NatWest Group has a twelve month low of GBX 226.50 ($2.86) and a twelve month high of GBX 455.44 ($5.75). The firm's 50-day simple moving average is GBX 416.26 and its 200-day simple moving average is GBX 380.74.
NatWest Group (LON:NWG - Get Free Report) last posted its quarterly earnings data on Friday, February 14th. The company reported GBX 52.50 ($0.66) earnings per share for the quarter. NatWest Group had a net margin of 18.21% and a return on equity of 13.29%. As a group, sell-side analysts anticipate that NatWest Group will post 45.9724712 EPS for the current fiscal year.
Insider Buying and Selling at NatWest Group
In other news, insider Katie Murray sold 533,746 shares of the firm's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of GBX 392 ($4.95), for a total value of £2,092,284.32 ($2,643,441.97). Also, insider Stuart Lewis bought 774 shares of NatWest Group stock in a transaction dated Thursday, January 2nd. The stock was acquired at an average cost of GBX 397 ($5.02) per share, for a total transaction of £3,072.78 ($3,882.22). Corporate insiders own 16.15% of the company's stock.
About NatWest Group
(
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NatWest Group is a UK-focused banking organisation, serving over 19 million customers, with business operations stretching across retail, commercial and private banking markets.
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