Analysts Set NatWest Group plc (LON:NWG) PT at GBX 309.38

Shares of NatWest Group plc (LON:NWG) have earned a consensus rating of “Moderate Buy” from the seven brokerages that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is GBX 309.38 ($3.96).

Several equities analysts recently issued reports on NWG shares. Berenberg Bank raised their price objective on NatWest Group from GBX 300 ($3.84) to GBX 325 ($4.16) and gave the stock a “buy” rating in a research note on Friday, February 16th. Shore Capital lowered shares of NatWest Group to a “hold” rating in a research note on Monday, May 20th. Keefe, Bruyette & Woods cut shares of NatWest Group to an “underperform” rating and set a GBX 230 ($2.95) target price on the stock. in a report on Monday, February 12th. JPMorgan Chase & Co. upped their target price on NatWest Group from GBX 270 ($3.46) to GBX 290 ($3.72) and gave the company an “overweight” rating in a report on Tuesday, April 9th. Finally, Peel Hunt began coverage on NatWest Group in a report on Friday, April 19th. They issued a “buy” rating and a GBX 330 ($4.23) price target on the stock.

NatWest Group Stock Down 0.6 %

Shares of NatWest Group stock opened at GBX 316.90 ($4.06) on Tuesday. The firm has a market cap of £27.67 billion, a P/E ratio of 674.26, a P/E/G ratio of 0.46 and a beta of 1.31. The business has a 50-day moving average price of GBX 299.58 and a 200 day moving average price of GBX 251.31. NatWest Group has a fifty-two week low of GBX 168 ($2.15) and a fifty-two week high of GBX 329.80 ($4.23).

Insider Buying and Selling

In other NatWest Group news, insider Mark Seligman bought 159 shares of the business’s stock in a transaction on Wednesday, May 1st. The shares were purchased at an average price of GBX 303 ($3.88) per share, with a total value of £481.77 ($617.26). Corporate insiders own 27.08% of the company’s stock.

About NatWest Group

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Private Banking, and Commercial & Institutional segments.