Insider Buying: NatWest Group (LON:NWG) Insider Purchases 94 Shares of Stock

NatWest Group plc (LON:NWG) insider Gill Whitehead purchased 94 shares of the stock in a transaction dated Tuesday, May 5th. The shares were purchased at an average price of GBX 556 per share, with a total value of £522.64.

NatWest Group Stock Performance

Shares of LON NWG traded down GBX 4.80 during trading 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 P/E ratio of 8.18, a PEG ratio of 0.46 and a beta of 0.83. NatWest Group plc has a fifty-two week low of GBX 471 and a fifty-two week high of GBX 705.40. The business’s 50-day moving average price is GBX 581.91 and its 200-day moving average price is GBX 608.03.

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

Analyst Upgrades and Downgrades

Several research analysts have recently commented on NWG shares. Jefferies Financial Group lowered their price objective on shares of NatWest Group from GBX 750 to GBX 730 and set a “buy” rating for the company in a research note on Wednesday. Barclays reiterated an “equal weight” rating and set a GBX 700 target price on shares of NatWest Group in a report on Wednesday, January 7th. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 725 price target on shares of NatWest Group in a research note on Tuesday. JPMorgan Chase & Co. upped their price objective on NatWest Group from GBX 750 to GBX 780 and gave the stock an “overweight” rating in a research report on Monday, April 13th. Finally, Shore Capital Group upgraded NatWest Group to a “hold” rating in a research note on Friday, May 1st. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, NatWest Group currently has an average rating of “Moderate Buy” and a consensus price target 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.