NatWest Group plc (LON:NWG) Insider Purchases £1,184.94 in Stock

NatWest Group plc (LON:NWG) insider Lena Wilson bought 261 shares of the stock in a transaction on Tuesday, April 1st. The shares were bought at an average price of GBX 454 ($5.87) per share, for a total transaction of £1,184.94 ($1,530.93).

NatWest Group Price Performance

Shares of NWG traded up GBX 7 ($0.09) on Tuesday, reaching GBX 458.80 ($5.93). The company’s stock had a trading volume of 17,772,939 shares, compared to its average volume of 42,452,816. NatWest Group plc has a 12-month low of GBX 263.70 ($3.41) and a 12-month high of GBX 485.51 ($6.27). The stock has a market capitalization of £36.73 billion, a P/E ratio of 8.24, a PEG ratio of 0.46 and a beta of 1.28. The stock’s 50 day simple moving average is GBX 446.60 and its two-hundred day simple moving average is GBX 402.82.

NatWest Group (LON:NWG) last issued its quarterly earnings data on Friday, February 14th. The company reported GBX 52.50 ($0.68) earnings per share (EPS) for the quarter. NatWest Group had a net margin of 18.21% and a return on equity of 13.29%. Analysts expect that NatWest Group plc will post 45.9724712 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on NWG shares. Citigroup raised their target price on shares of NatWest Group from GBX 580 ($7.49) to GBX 615 ($7.95) and gave the stock a “buy” rating in a report on Thursday, March 6th. JPMorgan Chase & Co. raised their price target on NatWest Group from GBX 510 ($6.59) to GBX 550 ($7.11) and gave the stock a “top pick” rating in a research note on Tuesday, March 25th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of GBX 477.50 ($6.17).

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.