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

Shares of NatWest Group plc (LON:NWG) have received an average rating of “Moderate Buy” from the six research firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 351 ($4.46).

A number of analysts have recently weighed in on NWG shares. Citigroup reiterated a “buy” rating on shares of NatWest Group in a research note on Monday, September 2nd. Berenberg Bank reaffirmed a “buy” rating and set a GBX 415 ($5.27) price target on shares of NatWest Group in a research report on Wednesday, August 21st.

NatWest Group Trading Up 1.6 %

Shares of LON:NWG opened at GBX 398.90 ($5.06) on Tuesday. NatWest Group has a twelve month low of GBX 202 ($2.56) and a twelve month high of GBX 404.50 ($5.13). The company has a market cap of £33.23 billion, a PE ratio of 848.72, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. The company’s 50 day moving average is GBX 366.16 and its 200 day moving average is GBX 341.36.

Insider Activity at NatWest Group

In other news, insider Katie Murray sold 533,746 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of GBX 392 ($4.98), for a total transaction of £2,092,284.32 ($2,655,857.22). Also, insider Yasmin Jetha purchased 842 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The stock was bought at an average cost of GBX 344 ($4.37) per share, for a total transaction of £2,896.48 ($3,676.67). 16.15% of the stock is owned by company insiders.

NatWest Group Company Profile

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Private Banking, and Commercial & Institutional segments.