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

Shares of NatWest Group plc (LON:NWG) have been assigned an average rating of “Moderate Buy” from the eight ratings firms that are presently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 743.75.

A number of research firms have weighed in on NWG. Jefferies Financial Group cut their price target on NatWest Group from GBX 750 to GBX 730 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 725 price target on shares of NatWest Group in a research note on Tuesday, May 5th. Shore Capital Group upgraded NatWest Group to a “hold” rating in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 840 price target on shares of NatWest Group in a research note on Tuesday, May 5th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 860 price target on shares of NatWest Group in a research note on Wednesday, June 24th.

NatWest Group Stock Up 0.6%

Shares of NatWest Group stock opened at GBX 654.40 on Monday. NatWest Group has a 52-week low of GBX 471 and a 52-week high of GBX 705.40. The company has a 50 day moving average of GBX 598.02 and a 200 day moving average of GBX 609.99. The company has a market capitalization of £52.11 billion, a P/E ratio of 9.38, a P/E/G ratio of 0.46 and a beta of 0.82.

Insider Buying and Selling at NatWest Group

In related news, insider Geeta Gopalan acquired 158 shares of NatWest Group stock in a transaction dated Tuesday, May 5th. The stock was acquired at an average price of GBX 556 per share, for a total transaction of £878.48. Also, insider Roisin Donnelly acquired 466 shares of NatWest Group stock in a transaction dated Tuesday, May 5th. The shares were bought at an average price of GBX 556 per share, with a total value of £2,590.96. In the last ninety days, insiders have bought 4,014 shares of company stock worth $2,231,784. 0.21% of the stock is owned by insiders.

NatWest Group Company Profile

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.