NatWest Group plc (LON:NWG) Stock Has Consensus Price Target of GBX 769.38

NatWest Group plc (LON:NWG) has been given an average recommendation of “Moderate Buy” by the eight analysts that are currently covering the company, Marketbeat reports. Four analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 769.38.

NWG has been the subject of several research reports. JPMorgan Chase & Co. lifted their price target on shares of NatWest Group from GBX 790 to GBX 830 and gave the company a “neutral” rating in a research report on Tuesday, September 15th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 770 price objective on shares of NatWest Group in a research note on Wednesday, September 2nd. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 725 price objective on shares of NatWest Group in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 840 price objective on shares of NatWest Group in a report on Monday, August 3rd. Finally, Berenberg Bank boosted their target price on shares of NatWest Group from GBX 860 to GBX 880 and gave the stock a “buy” rating in a research report on Monday, August 3rd.

NatWest Group Stock Performance

Shares of LON:NWG opened at GBX 662.80 on Wednesday. NatWest Group has a 52-week low of GBX 504.41 and a 52-week high of GBX 726. The business’s 50 day simple moving average is GBX 693.13 and its two-hundred day simple moving average is GBX 636.73. The firm has a market cap of £52.63 billion, a P/E ratio of 8.88, a PEG ratio of 0.46 and a beta of 0.81.

NatWest Group (LON:NWG) last released its quarterly earnings data on Friday, July 31st. The company reported GBX 38.10 EPS for the quarter. NatWest Group had a return on equity of 16.16% and a net margin of 21.17%. On average, equities analysts forecast that NatWest Group will post 45.9724712 earnings per share for the current fiscal year.

Insider Transactions at NatWest Group

In other NatWest Group news, insider Katie Murray sold 111,000 shares of NatWest Group stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of GBX 690, for a total transaction of £765,900. Also, insider Paul Thwaite sold 260,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of GBX 690, for a total value of £1,794,000. 0.21% of the stock is currently owned by 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.