NatWest Group (LON:NWG - Get Free Report) announced its quarterly earnings results on Friday. The company reported GBX 52.50 ($0.66) earnings per share (EPS) for the quarter, Digital Look Earnings reports. NatWest Group had a net margin of 18.21% and a return on equity of 13.29%.
NatWest Group Price Performance
Shares of NatWest Group stock traded up GBX 6.20 ($0.08) during trading on Tuesday, hitting GBX 445.20 ($5.62). The company's stock had a trading volume of 35,798,152 shares, compared to its average volume of 23,842,318. The stock has a market cap of £35.64 billion, a price-to-earnings ratio of 7.99, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. NatWest Group has a 52 week low of GBX 223.70 ($2.82) and a 52 week high of GBX 455.44 ($5.75). The stock has a 50-day moving average price of GBX 414.11 and a two-hundred day moving average price of GBX 378.61.
Insider Buying and Selling
In other NatWest Group news, insider Katie Murray sold 533,746 shares of the firm's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of GBX 392 ($4.95), for a total transaction of £2,092,284.32 ($2,639,440.29). Also, insider Stuart Lewis purchased 774 shares of the company's stock in a transaction dated Thursday, January 2nd. The stock was purchased at an average price of GBX 397 ($5.01) per share, for a total transaction of £3,072.78 ($3,876.35). 16.15% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
Separately, JPMorgan Chase & Co. reiterated a "top pick" rating on shares of NatWest Group in a research report on Friday, December 6th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of GBX 381.25 ($4.81).
Check Out Our Latest Stock Analysis on NWG
NatWest Group Company Profile
(
Get Free Report)
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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