NatWest Group plc (LON:NWG) Receives GBX 347.50 Consensus PT from Brokerages

NatWest Group plc (LON:NWG) has been given a consensus rating of “Moderate Buy” by the seven analysts that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 347.50 ($4.51).

Several research analysts have weighed in on NWG shares. JPMorgan Chase & Co. boosted their price target on NatWest Group from GBX 370 ($4.80) to GBX 420 ($5.45) and gave the company an “overweight” rating in a report on Monday, July 29th. Berenberg Bank restated a “buy” rating and issued a GBX 415 ($5.38) price target on shares of NatWest Group in a report on Wednesday, August 21st. Finally, Citigroup reiterated a “buy” rating on shares of NatWest Group in a report on Monday, September 2nd.

NatWest Group Stock Up 2.1 %

LON:NWG opened at GBX 375.30 ($4.87) on Friday. The company has a market capitalization of £31.26 billion, a PE ratio of 798.51, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. The stock has a fifty day simple moving average of GBX 346.55 and a 200-day simple moving average of GBX 329.51. NatWest Group has a 52-week low of GBX 176.55 ($2.29) and a 52-week high of GBX 381.50 ($4.95).

Insider Activity

In other NatWest Group news, insider Yasmin Jetha acquired 842 shares of the company’s stock in a transaction on Tuesday, October 1st. The shares were bought at an average cost of GBX 344 ($4.46) per share, for a total transaction of £2,896.48 ($3,756.30). Insiders own 16.15% of the company’s stock.

About NatWest Group

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.