Insider Buying: NatWest Group (LON:NWG) Insider Purchases £3,253.16 in Stock

NatWest Group plc (LON:NWG) insider Geeta Gopalan acquired 487 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was purchased at an average cost of GBX 668 per share, for a total transaction of £3,253.16.

Geeta Gopalan also recently made the following trade(s):

• On Tuesday, May 5th, Geeta Gopalan purchased 158 shares of NatWest Group stock. The stock was bought at an average price of GBX 556 per share, for a total transaction of £878.48.

NatWest Group Price Performance

NWG stock traded up GBX 0.50 during trading on Thursday, reaching GBX 680.10. 22,131,693 shares of the company were exchanged, compared to its average volume of 25,665,682. NatWest Group plc has a twelve month low of GBX 475.44 and a twelve month high of GBX 705.40. The company has a market capitalization of £54.16 billion, a price-to-earnings ratio of 9.74, a P/E/G ratio of 0.46 and a beta of 0.82. The company has a 50-day moving average of GBX 600.74 and a two-hundred day moving average of GBX 611.01.

Wall Street Analysts Forecast Growth

NWG has been the subject of a number of recent analyst reports. Shore Capital Group upgraded shares of NatWest Group to a “hold” rating in a research report on Friday, May 1st. Jefferies Financial Group dropped their price target on NatWest Group from GBX 750 to GBX 730 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 725 target price on shares of NatWest Group in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 840 price objective on shares of NatWest Group in a research note on Tuesday, May 5th. Finally, JPMorgan Chase & Co. raised their price target on NatWest Group from GBX 750 to GBX 780 and gave the stock an “overweight” rating in a research report on Monday, April 13th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 743.75.

About NatWest Group

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.