NatWest Group plc (LON:NWG - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 390.02 ($5.06) and last traded at GBX 385.10 ($4.99), with a volume of 53687746 shares. The stock had previously closed at GBX 375.30 ($4.87).
Wall Street Analysts Forecast Growth
Several research firms recently commented on NWG. JPMorgan Chase & Co. boosted their price objective on shares of NatWest Group from GBX 370 ($4.80) to GBX 420 ($5.45) and gave the stock an "overweight" rating in a research note on Monday, July 29th. Berenberg Bank reiterated a "buy" rating and set a GBX 415 ($5.38) target price on shares of NatWest Group in a research report on Wednesday, August 21st. Finally, Citigroup reissued a "buy" rating on shares of NatWest Group in a research report on Monday, September 2nd. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of GBX 347.50 ($4.51).
Read Our Latest Stock Analysis on NWG
NatWest Group Trading Up 2.6 %
The company has a market cap of £32.08 billion, a price-to-earnings ratio of 819.36, a PEG ratio of 0.46 and a beta of 1.28. The company's 50 day moving average price is GBX 347.34 and its 200 day moving average price is GBX 330.32.
Insider Transactions at NatWest Group
In other NatWest Group news, insider Yasmin Jetha bought 842 shares of the business's stock in a transaction dated Tuesday, October 1st. The shares were acquired at an average price of GBX 344 ($4.46) per share, with a total value of £2,896.48 ($3,756.30). Corporate insiders own 16.15% of the company's stock.
About NatWest Group
(
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NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Private Banking, and Commercial & Institutional segments.
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