NatWest Group plc (LON:NWG) Given Average Rating of “Moderate Buy” by Brokerages

NatWest Group plc (LON:NWG) has been given a consensus rating of “Moderate Buy” by the seven ratings firms that are currently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 727.14.

A number of equities research analysts recently commented on NWG shares. Jefferies Financial Group lowered their price objective on shares of NatWest Group from GBX 750 to GBX 730 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. JPMorgan Chase & Co. lifted their target price on shares of NatWest Group from GBX 750 to GBX 780 and gave the stock an “overweight” rating in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 840 price target on shares of NatWest Group in a report on Tuesday, May 5th. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 725 price objective on shares of NatWest Group in a research note on Tuesday, May 5th. Finally, Shore Capital Group upgraded NatWest Group to a “hold” rating in a research report on Friday, May 1st.

NatWest Group Stock Up 0.6%

Shares of NWG stock opened at GBX 593.60 on Thursday. NatWest Group has a fifty-two week low of GBX 471 and a fifty-two week high of GBX 705.40. The stock has a market cap of £47.27 billion, a P/E ratio of 8.50, a P/E/G ratio of 0.46 and a beta of 0.83. The business has a fifty day simple moving average of GBX 581.97 and a 200-day simple moving average of GBX 608.13.

Insider Activity at NatWest Group

In related news, insider Josh Critchley purchased 661 shares of the company’s stock in a transaction on Tuesday, May 5th. The stock was bought at an average price of GBX 556 per share, with a total value of £3,675.16. Also, insider Roisin Donnelly purchased 466 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was bought at an average cost of GBX 556 per share, with a total value of £2,590.96. Insiders have bought a total of 4,014 shares of company stock valued at $2,231,784 in the last ninety days. 0.20% of the stock is owned by insiders.

About NatWest Group

We’re a UK-focussed bank serving over 20 million customers, with businesses across retail, commercial and private banking markets.

With a brand history stretching back nearly 300 years, we have our roots in the communities we serve across every nation and region of the UK. Our brands include NatWest, Royal Bank of Scotland, Ulster Bank and Coutts.