NatWest Group (LON:NWG) Insider Purchases £837.40 in Stock

NatWest Group plc (LON:NWG) insider Yasmin Jetha bought 158 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was acquired at an average cost of GBX 530 per share, for a total transaction of £837.40.

Yasmin Jetha also recently made the following trade(s):

• On Tuesday, July 1st, Yasmin Jetha bought 239 shares of NatWest Group stock. The stock was acquired at an average cost of GBX 501 per share, for a total transaction of £1,197.39.

NatWest Group Price Performance

NWG opened at GBX 525.80 on Friday. The company’s 50 day simple moving average is GBX 523.65 and its two-hundred day simple moving average is GBX 495.79. NatWest Group plc has a 1-year low of GBX 327.30 and a 1-year high of GBX 565.42. The firm has a market capitalization of £42.35 billion, a price-to-earnings ratio of 882.21, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28.

NatWest Group (LON:NWG) last released its earnings results on Friday, July 25th. The company reported GBX 30.90 earnings per share for the quarter. NatWest Group had a net margin of 18.21% and a return on equity of 13.29%. On average, equities analysts anticipate that NatWest Group plc will post 45.9724712 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

NWG has been the subject of a number of recent analyst reports. Citigroup raised their price target on shares of NatWest Group from GBX 595 to GBX 620 and gave the stock a “buy” rating in a report on Tuesday, September 9th. Royal Bank Of Canada raised their price target on shares of NatWest Group from GBX 475 to GBX 650 and gave the stock a “sector perform” rating in a report on Wednesday, July 30th. JPMorgan Chase & Co. raised their price target on shares of NatWest Group from GBX 610 to GBX 700 and gave the stock an “overweight” rating in a report on Tuesday, September 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 600 price target on shares of NatWest Group in a report on Monday, July 28th. Finally, Jefferies Financial Group raised their price target on shares of NatWest Group from GBX 530 to GBX 615 and gave the stock a “buy” rating in a report on Tuesday, August 26th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 613.33.

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.