Analysts Set NatWest Group plc (LON:NWG) Target Price at GBX 351

NatWest Group plc (LON:NWG) has earned a consensus rating of “Buy” from the five brokerages that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is GBX 381.25 ($4.80).

Separately, JPMorgan Chase & Co. reaffirmed a “top pick” rating on shares of NatWest Group in a research note on Friday, December 6th.

Insiders Place Their Bets

In other news, insider Stuart Lewis bought 774 shares of the stock in a transaction dated Thursday, January 2nd. The stock was bought at an average price of GBX 397 ($5.00) per share, for a total transaction of £3,072.78 ($3,867.56). Also, insider Katie Murray sold 533,746 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of GBX 392 ($4.93), for a total value of £2,092,284.32 ($2,633,460.44). Company insiders own 16.15% of the company’s stock.

NatWest Group Stock Down 2.0 %

Shares of LON NWG opened at GBX 428.10 ($5.39) on Friday. NatWest Group has a twelve month low of GBX 206.80 ($2.60) and a twelve month high of GBX 455.44 ($5.73). The company has a market cap of £34.27 billion, a PE ratio of 7.69, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. The business’s 50 day moving average price is GBX 412.87 and its two-hundred day moving average price is GBX 377.29.

NatWest Group (LON:NWG) last issued its quarterly earnings results on Friday, February 14th. The company reported GBX 52.50 ($0.66) earnings per share (EPS) for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. As a group, research analysts anticipate that NatWest Group will post 45.9724712 EPS for the current fiscal year.

NatWest Group Company Profile

NatWest Group is a UK-focused banking organisation, serving over 19 million customers, with business operations stretching across retail, commercial and private banking markets.