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

NatWest Group plc (LON:NWG) has received a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the company, MarketBeat.com reports. Three research 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 brokers that have issued a report on the stock in the last year is GBX 743.75.

A number of analysts have weighed in on NWG shares. Berenberg Bank restated a “buy” rating and issued a GBX 860 price target on shares of NatWest Group in a research note on Wednesday. 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. Shore Capital Group upgraded NatWest Group to a “hold” rating in a research report on Friday, May 1st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 840 target price on shares of NatWest Group in a research report on Tuesday, May 5th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 725 target price on shares of NatWest Group in a research report on Tuesday, May 5th.

Insider Buying and Selling at NatWest Group

In other news, insider Richard Haythornthwait bought 1,775 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were acquired at an average price of GBX 556 per share, for a total transaction of £9,869. Also, insider Roisin Donnelly bought 466 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were purchased at an average price of GBX 556 per share, for a total transaction of £2,590.96. In the last three months, insiders have acquired 4,014 shares of company stock valued at $2,231,784. 0.21% of the stock is owned by insiders.

NatWest Group Price Performance

NatWest Group stock opened at GBX 650.76 on Monday. NatWest Group has a 1-year low of GBX 471 and a 1-year high of GBX 705.40. The stock has a market cap of £51.82 billion, a PE ratio of 9.32, a P/E/G ratio of 0.46 and a beta of 0.82. The stock’s fifty day moving average is GBX 598.02 and its two-hundred day moving average is GBX 610.07.

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.