NatWest Group (LON:NWG) Stock: Insider Patrick Flynn Buys 196 Shares

NatWest Group plc (LON:NWG) insider Patrick Flynn bought 196 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The shares were acquired at an average cost of GBX 670 per share, with a total value of £1,313.20.

NatWest Group Stock Up 0.6%

Shares of NWG stock opened at GBX 667.63 on Wednesday. The stock has a market cap of £53.01 billion, a price-to-earnings ratio of 8.95, a price-to-earnings-growth ratio of 0.46 and a beta of 0.81. NatWest Group plc has a fifty-two week low of GBX 504.41 and a fifty-two week high of GBX 726. The firm’s 50 day moving average price is GBX 692.75 and its two-hundred day moving average price is GBX 638.35.

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

Analyst Ratings Changes

Several analysts recently issued reports on the company. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 770 price target on shares of NatWest Group in a report on Wednesday, September 2nd. Berenberg Bank boosted their price objective on NatWest Group from GBX 860 to GBX 880 and gave the stock a “buy” rating in a research note on Monday, August 3rd. JPMorgan Chase & Co. upped their target price on NatWest Group from GBX 790 to GBX 830 and gave the stock a “neutral” rating in a research report on Tuesday, September 15th. Citigroup increased their target price on NatWest Group from GBX 840 to GBX 860 and gave the company a “buy” rating in a research note on Wednesday, September 23rd. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 725 target price on shares of NatWest Group in a report on Monday, August 3rd. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, NatWest Group currently has an average rating of “Moderate Buy” and a consensus price target of GBX 769.38.

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.