NatWest Group plc (LON:NWG) Receives Average Recommendation of "Moderate Buy" from Brokerages

NatWest Group plc (LON:NWG - Get Free Report) has received an average recommendation of "Moderate Buy" from the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 351 ($4.29).

Separately, JPMorgan Chase & Co. reaffirmed a "top pick" rating on shares of NatWest Group in a research report on Friday, December 6th.

Insider Buying and Selling

In other NatWest Group news, insider Katie Murray sold 533,746 shares of the firm's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of GBX 392 ($4.79), for a total value of £2,092,284.32 ($2,554,369.82). Also, insider Stuart Lewis purchased 774 shares of the business's stock in a transaction on Thursday, January 2nd. The shares were purchased at an average price of GBX 397 ($4.85) per share, with a total value of £3,072.78 ($3,751.41). 16.15% of the stock is currently owned by corporate insiders.

NatWest Group Stock Up 5.0 %

Shares of LON NWG traded up GBX 19.30 ($0.24) during midday trading on Wednesday, hitting GBX 405.20 ($4.95). The stock had a trading volume of 26,111,520 shares, compared to its average volume of 18,754,457. The business's 50 day moving average is GBX 397.93 and its 200-day moving average is GBX 361.61. NatWest Group has a 52 week low of GBX 203.10 ($2.48) and a 52 week high of GBX 419.70 ($5.12). The company has a market cap of £33.75 billion, a P/E ratio of 862.13, a PEG ratio of 0.46 and a beta of 1.28.

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.