NatWest Group plc (LON:NWG - Get Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as GBX 455.40 ($5.77) and last traded at GBX 454.11 ($5.76), with a volume of 30744607 shares. The stock had previously closed at GBX 436.10 ($5.53).
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. upped their price objective on shares of NatWest Group from GBX 500 ($6.34) to GBX 510 ($6.46) and gave the company an "overweight" rating in a report on Wednesday, February 19th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of GBX 403.75 ($5.12).
Check Out Our Latest Stock Analysis on NWG
NatWest Group Stock Performance
The stock has a market cap of £36.29 billion, a PE ratio of 8.14, a PEG ratio of 0.46 and a beta of 1.28. The stock's 50-day moving average is GBX 418.09 and its two-hundred day moving average is GBX 382.79.
NatWest Group (LON:NWG - Get Free Report) last posted its earnings results on Friday, February 14th. The company reported GBX 52.50 ($0.67) earnings per share (EPS) for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. Analysts forecast that NatWest Group plc will post 45.9724712 EPS for the current year.
Insiders Place Their Bets
In other news, insider Stuart Lewis purchased 774 shares of the stock in a transaction on Thursday, January 2nd. The stock was bought at an average price of GBX 397 ($5.03) per share, for a total transaction of £3,072.78 ($3,894.52). 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.
Further Reading
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