Insider Selling: NatWest Group (LON:NWG) Insider Sells £765,900 in Stock

NatWest Group plc (LON:NWG) insider Katie Murray sold 111,000 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of GBX 690, for a total value of £765,900.

NatWest Group Price Performance

Shares of NWG stock traded up GBX 3.80 during trading hours on Friday, reaching GBX 701.20. The company had a trading volume of 60,722,477 shares, compared to its average volume of 24,191,330. The company has a market cap of £55.81 billion, a price-to-earnings ratio of 9.40, a price-to-earnings-growth ratio of 0.46 and a beta of 0.81. NatWest Group plc has a 12 month low of GBX 504 and a 12 month high of GBX 726. The business has a fifty day simple moving average of GBX 683.38 and a 200-day simple moving average of GBX 623.43.

NatWest Group (LON:NWG) last released its quarterly earnings results on Friday, July 31st. The company reported GBX 38.10 EPS for the quarter. NatWest Group had a return on equity of 16.16% and a net margin of 21.17%. On average, equities research analysts expect that NatWest Group plc will post 45.9724712 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Citigroup boosted their target price on NatWest Group from GBX 820 to GBX 840 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 725 price target on shares of NatWest Group in a report on Monday, August 3rd. JPMorgan Chase & Co. boosted their price objective on NatWest Group from GBX 780 to GBX 790 and gave the stock an “overweight” rating in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 840 target price on shares of NatWest Group in a research report on Monday, August 3rd. Finally, Berenberg Bank lifted their target price on NatWest Group from GBX 860 to GBX 880 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 761.88.

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.