NatWest Group plc (LON:NWG) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of NatWest Group plc (LON:NWG) have been given a consensus recommendation of “Moderate Buy” by the seven ratings firms that are covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is GBX 692.86.

Several equities analysts have recently issued reports on the stock. Barclays reaffirmed an “equal weight” rating and set a GBX 700 price target on shares of NatWest Group in a research note on Wednesday, January 7th. Citigroup increased their price objective on NatWest Group from GBX 690 to GBX 765 and gave the company a “buy” rating in a report on Monday, December 1st. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 725 target price on shares of NatWest Group in a research report on Monday, February 9th. JPMorgan Chase & Co. lifted their target price on NatWest Group from GBX 730 to GBX 750 and gave the stock an “overweight” rating in a report on Tuesday, January 20th. Finally, Shore Capital Group reiterated a “hold” rating on shares of NatWest Group in a research report on Monday, February 9th.

Insider Buying and Selling

In other news, insider Gill Whitehead bought 500 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was acquired at an average price of GBX 660 per share, with a total value of £3,300. Also, insider Stuart Lewis purchased 483 shares of the stock in a transaction on Friday, January 2nd. The shares were purchased at an average price of GBX 660 per share, with a total value of £3,187.80. Insiders acquired 4,281 shares of company stock valued at $2,825,460 over the last 90 days. 0.20% of the stock is currently owned by corporate insiders.

NatWest Group Price Performance

Shares of LON NWG opened at GBX 568.40 on Friday. The company has a 50 day simple moving average of GBX 628.60 and a 200 day simple moving average of GBX 594.53. The firm has a market cap of £45.29 billion, a PE ratio of 8.43, a price-to-earnings-growth ratio of 0.46 and a beta of 0.79. NatWest Group has a 1 year low of GBX 380.60 and a 1 year high of GBX 705.40.

NatWest Group (LON:NWG) last posted its earnings results on Friday, February 13th. The company reported GBX 68 earnings per share for the quarter. NatWest Group had a net margin of 22.26% and a return on equity of 14.33%. As a group, research analysts anticipate that NatWest Group will post 45.9724712 earnings per share for the current fiscal year.

NatWest Group Company Profile

We’re a UK-focussed bank serving over 20 million customers, with businesses across retail, commercial and private banking markets.

With a brand history stretching back nearly 300 years, we have our roots in the communities we serve across every nation and region of the UK. Our brands include NatWest, Royal Bank of Scotland, Ulster Bank and Coutts.