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

NatWest Group plc (LON:NWG) has received an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 351 ($4.29).

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

NatWest Group Price Performance

LON NWG opened at GBX 385.84 ($4.71) on Wednesday. The company’s fifty day moving average is GBX 397.93 and its two-hundred day moving average is GBX 361.61. The firm has a market capitalization of £32.14 billion, a price-to-earnings ratio of 820.94, a P/E/G ratio of 0.46 and a beta of 1.28. NatWest Group has a 52-week low of GBX 203.10 ($2.48) and a 52-week high of GBX 419.70 ($5.12).

Insider Buying and Selling

In other news, insider Stuart Lewis purchased 774 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was purchased at an average cost of GBX 397 ($4.85) per share, with a total value of £3,072.78 ($3,751.41). Also, insider Katie Murray sold 533,746 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of GBX 392 ($4.79), for a total transaction of £2,092,284.32 ($2,554,369.82). Company insiders own 16.15% of the company’s stock.

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.