NatWest Group (LON:NWG) Price Target Increased to GBX 370 by Analysts at JPMorgan Chase & Co.

NatWest Group (LON:NWG) had its price objective upped by JPMorgan Chase & Co. from GBX 350 ($4.43) to GBX 370 ($4.68) in a research report report published on Wednesday morning, Marketbeat Ratings reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

A number of other brokerages also recently issued reports on NWG. Shore Capital downgraded shares of NatWest Group to a hold rating in a report on Monday, May 20th. Peel Hunt started coverage on shares of NatWest Group in a report on Friday, April 19th. They set a buy rating and a GBX 330 ($4.17) price target for the company. One 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’s stock. According to MarketBeat, the stock has an average rating of Moderate Buy and an average target price of GBX 319.38 ($4.04).

NatWest Group Price Performance

NWG opened at GBX 325.50 ($4.12) on Wednesday. The company’s 50 day simple moving average is GBX 312.58 and its two-hundred day simple moving average is GBX 263.81. NatWest Group has a 1-year low of GBX 168 ($2.12) and a 1-year high of GBX 329.80 ($4.17). The firm has a market capitalization of £28.42 billion, a price-to-earnings ratio of 684.04, a price-to-earnings-growth ratio of 0.46 and a beta of 1.31.

Insider Buying and Selling at NatWest Group

In related news, insider Mark Seligman purchased 159 shares of the firm’s stock in a transaction on Wednesday, May 1st. The shares were bought at an average price of GBX 303 ($3.83) per share, for a total transaction of £481.77 ($609.37). In other news, insider Patrick Flynn purchased 974 shares of the company’s stock in a transaction that occurred on Monday, July 1st. The shares were purchased at an average price of GBX 316 ($4.00) per share, with a total value of £3,077.84 ($3,893.04). Also, insider Mark Seligman purchased 159 shares of the company’s stock in a transaction that occurred on Wednesday, May 1st. The shares were purchased at an average cost of GBX 303 ($3.83) per share, for a total transaction of £481.77 ($609.37). 27.08% 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.