NatWest Group plc (LON:NWG) Given Consensus Rating of “Moderate Buy” by Analysts

NatWest Group plc (LON:NWG) has received an average rating of “Moderate Buy” from the six research firms that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 351 ($4.41).

A number of equities research analysts recently issued reports on the stock. Citigroup restated a “buy” rating on shares of NatWest Group in a report on Monday, September 2nd. JPMorgan Chase & Co. boosted their price objective on NatWest Group from GBX 370 ($4.65) to GBX 420 ($5.28) and gave the stock an “overweight” rating in a research note on Monday, July 29th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 415 ($5.21) target price on shares of NatWest Group in a research note on Wednesday, August 21st.

NatWest Group Stock Up 1.0 %

Shares of NatWest Group stock opened at GBX 394.60 ($4.96) on Tuesday. The firm has a market cap of £32.87 billion, a PE ratio of 839.57, a P/E/G ratio of 0.46 and a beta of 1.28. The business’s fifty day moving average is GBX 362.80 and its two-hundred day moving average is GBX 339.75. NatWest Group has a fifty-two week low of GBX 201.70 ($2.53) and a fifty-two week high of GBX 404.50 ($5.08).

Insider Transactions at NatWest Group

In other NatWest Group news, insider Yasmin Jetha acquired 842 shares of the stock in a transaction that occurred on Tuesday, October 1st. The stock was acquired at an average price of GBX 344 ($4.32) per share, with a total value of £2,896.48 ($3,637.88). Corporate 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.