NatWest Group (LON:NWG) Sets New 52-Week Low - Should You Sell?

Shares of NatWest Group plc (LON:NWG - Get Free Report) reached a new 52-week low on Wednesday . The stock traded as low as GBX 4.61 ($0.06) and last traded at GBX 466.70 ($6.03), with a volume of 147410406 shares. The stock had previously closed at GBX 464.90 ($6.00).

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on NWG. Citigroup raised their price target on NatWest Group from GBX 580 ($7.49) to GBX 615 ($7.94) and gave the stock a "buy" rating in a research note on Thursday, March 6th. JPMorgan Chase & Co. raised their price objective on shares of NatWest Group from GBX 500 ($6.46) to GBX 510 ($6.59) and gave the company an "overweight" rating in a research report on Wednesday, February 19th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 467.50 ($6.04).

NatWest Group Stock Performance

The stock has a market cap of £36.65 billion, a PE ratio of 8.22, a PEG ratio of 0.46 and a beta of 1.28. The stock has a fifty day moving average price of GBX 439.43 and a 200 day moving average price of GBX 397.31.

NatWest Group (LON:NWG - Get Free Report) last announced its quarterly earnings results on Friday, February 14th. The company reported GBX 52.50 ($0.68) EPS for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. As a group, equities analysts anticipate that NatWest Group plc will post 45.9724712 earnings per share for the current fiscal year.

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Insiders Place Their Bets

In other NatWest Group news, insider Stuart Lewis acquired 774 shares of the company's stock in a transaction dated Thursday, January 2nd. The shares were acquired at an average cost of GBX 397 ($5.13) per share, with a total value of £3,072.78 ($3,967.95). Corporate insiders own 16.15% of the company's stock.

About NatWest Group

NatWest Group is a UK-focused banking organisation, serving over 19 million customers, with business operations stretching across retail, commercial and private banking markets.