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

NatWest Group plc (LON:NWG - Get Free Report) has been given an average recommendation of "Moderate Buy" by the six brokerages that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 351 ($4.41).

NWG has been the subject of several research reports. JPMorgan Chase & Co. boosted their price target on NatWest Group from GBX 370 ($4.65) to GBX 420 ($5.28) and gave the stock an "overweight" rating in a research report on Monday, July 29th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 415 ($5.21) target price on shares of NatWest Group in a report on Wednesday, August 21st. Finally, Citigroup reissued a "buy" rating on shares of NatWest Group in a research note on Monday, September 2nd.

Insider Transactions at NatWest Group

In other news, insider Yasmin Jetha purchased 842 shares of the business's stock in a transaction dated Tuesday, October 1st. The stock was acquired at an average price of GBX 344 ($4.32) per share, for a total transaction of £2,896.48 ($3,637.88). Insiders own 16.15% of the company's stock.

NatWest Group Price Performance

NWG stock traded down GBX 3.10 ($0.04) during trading on Tuesday, hitting GBX 391.50 ($4.92). The stock had a trading volume of 12,771,229 shares, compared to its average volume of 31,051,570. NatWest Group has a twelve month low of GBX 201.70 ($2.53) and a twelve month high of GBX 404.50 ($5.08). The company's 50-day moving average price is GBX 362.80 and its two-hundred day moving average price is GBX 339.75. The stock has a market capitalization of £32.61 billion, a P/E ratio of 839.57, a PEG ratio of 0.46 and a beta of 1.28.

NatWest Group Company Profile

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.