NatWest Group (LON:NWG) Given “Sector Perform” Rating at Royal Bank Of Canada

NatWest Group (LON:NWG)‘s stock had its “sector perform” rating reaffirmed by Royal Bank Of Canada in a research note issued on Monday,London Stock Exchange reports. They currently have a GBX 725 price objective on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 9.95% from the company’s previous close.

Other research analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. upped their target price on shares of NatWest Group from GBX 730 to GBX 750 and gave the company an “overweight” rating in a research report on Tuesday, January 20th. Barclays reiterated an “equal weight” rating and issued a GBX 700 price objective on shares of NatWest Group in a research note on Wednesday, January 7th. Shore Capital Group lifted their price target on shares of NatWest Group from GBX 500 to GBX 550 and gave the stock a “hold” rating in a research note on Tuesday, October 28th. Citigroup lifted their price target on NatWest Group from GBX 690 to GBX 765 and gave the stock a “buy” rating in a report on Monday, December 1st. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of NatWest Group from GBX 660 to GBX 730 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 692.86.

NatWest Group Trading Up 1.4%

Shares of NWG opened at GBX 659.40 on Monday. NatWest Group has a 12-month low of GBX 380.60 and a 12-month high of GBX 703.60. The firm has a market capitalization of £52.61 billion, a P/E ratio of 10.10, a P/E/G ratio of 0.46 and a beta of 1.28. The firm has a 50-day moving average price of GBX 645.97 and a 200 day moving average price of GBX 583.49.

Insider Activity at NatWest Group

In related news, insider Yasmin Jetha bought 181 shares of NatWest Group stock in a transaction that occurred on Friday, January 2nd. The shares were purchased at an average price of GBX 660 per share, with a total value of £1,194.60. Also, insider Roisin Donnelly purchased 470 shares of the company’s stock in a transaction on Friday, January 2nd. The shares were bought at an average cost of GBX 660 per share, with a total value of £3,102. Insiders bought 4,281 shares of company stock valued at $2,825,460 in the last 90 days. 0.19% of the stock is owned by corporate insiders.

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.