Insider Buying: NatWest Group (LON:NWG) Insider Buys 661 Shares of Stock

NatWest Group plc (LON:NWG) insider Josh Critchley acquired 661 shares of NatWest Group stock in a transaction on Tuesday, May 5th. The stock was purchased at an average price of GBX 556 per share, with a total value of £3,675.16.

NatWest Group Price Performance

Shares of LON NWG traded down GBX 4.80 during trading hours on Thursday, reaching GBX 571.20. The stock had a trading volume of 133,873,094 shares, compared to its average volume of 28,542,920. The company has a market cap of £45.53 billion, a price-to-earnings ratio of 8.18, a PEG ratio of 0.46 and a beta of 0.83. NatWest Group plc has a twelve month low of GBX 471 and a twelve month high of GBX 705.40. The business’s fifty day moving average is GBX 581.91 and its two-hundred day moving average is GBX 608.03.

NatWest Group (LON:NWG) last posted its quarterly earnings results on Friday, February 13th. The company reported GBX 68 earnings per share for the quarter. NatWest Group had a net margin of 20.12% and a return on equity of 14.55%. Sell-side analysts forecast that NatWest Group plc will post 45.9724712 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. upped their target price on shares of NatWest Group from GBX 750 to GBX 780 and gave the company an “overweight” rating in a research note on Monday, April 13th. Shore Capital Group upgraded shares of NatWest Group to a “hold” rating in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 840 price objective on shares of NatWest Group in a report on Tuesday. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 725 target price on shares of NatWest Group in a report on Tuesday. Finally, Jefferies Financial Group decreased their price target on NatWest Group from GBX 750 to GBX 730 and set a “buy” rating on the stock in a research note on Wednesday. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, NatWest Group presently has an average rating of “Moderate Buy” and a consensus target price of GBX 727.14.

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.