Insider Buying: NatWest Group (LON:NWG) Insider Purchases 629 Shares of Stock

NatWest Group plc (LON:NWG) insider Gill Whitehead purchased 629 shares of NatWest Group stock in a transaction on Wednesday, October 1st. The stock was bought at an average price of GBX 525 per share, with a total value of £3,302.25.

Gill Whitehead also recently made the following trade(s):

• On Friday, September 12th, Gill Whitehead purchased 20 shares of NatWest Group stock. The stock was bought at an average price of GBX 530 per share, with a total value of £106.

NatWest Group Trading Up 3.8%

NatWest Group stock opened at GBX 548 on Monday. NatWest Group plc has a 1-year low of GBX 329.90 and a 1-year high of GBX 565.42. The firm has a market capitalization of £44.01 billion, a price-to-earnings ratio of 919.46, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. The firm’s fifty day moving average price is GBX 528.61 and its two-hundred day moving average price is GBX 501.66.

NatWest Group (LON:NWG) last released its quarterly earnings data on Friday, July 25th. The company reported GBX 30.90 earnings per share for the quarter. NatWest Group had a net margin of 18.21% and a return on equity of 13.29%. On average, research analysts forecast that NatWest Group plc will post 45.9724712 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently weighed in on NWG. Royal Bank Of Canada lifted their target price on shares of NatWest Group from GBX 475 to GBX 650 and gave the stock a “sector perform” rating in a research note on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 600 target price on shares of NatWest Group in a research note on Monday, July 28th. Citigroup boosted their price target on shares of NatWest Group from GBX 595 to GBX 620 and gave the stock a “buy” rating in a research note on Tuesday, September 9th. JPMorgan Chase & Co. upped their price objective on shares of NatWest Group from GBX 610 to GBX 700 and gave the company an “overweight” rating in a research note on Tuesday, September 9th. Finally, Jefferies Financial Group upped their price objective on shares of NatWest Group from GBX 530 to GBX 615 and gave the company a “buy” rating in a research note on Tuesday, August 26th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, NatWest Group currently has an average rating of “Moderate Buy” and an average price target of GBX 613.33.

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.