Analysts Set NatWest Group plc (LON:NWG) Target Price at GBX 351

NatWest Group plc (LON:NWG) has earned an average rating of “Moderate Buy” from the six research firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 351 ($4.33).

Separately, JPMorgan Chase & Co. reiterated a “top pick” rating on shares of NatWest Group in a research note on Friday, December 6th.

NatWest Group Trading Up 0.4 %

Shares of NWG stock opened at GBX 418.82 ($5.16) on Wednesday. The stock has a market capitalization of £34.89 billion, a P/E ratio of 891.11, a P/E/G ratio of 0.46 and a beta of 1.28. The firm’s 50 day moving average is GBX 399.87 and its 200 day moving average is GBX 364.31. NatWest Group has a 12-month low of GBX 203.40 ($2.51) and a 12-month high of GBX 419.70 ($5.17).

NatWest Group (LON:NWG) last released its quarterly earnings results on Friday, October 25th. The company reported GBX 13.70 ($0.17) earnings per share (EPS) for the quarter. NatWest Group had a return on equity of 12.28% and a net margin of 32.31%. As a group, equities analysts predict that NatWest Group will post 45.9724712 earnings per share for the current year.

Insiders Place Their Bets

In other NatWest Group news, insider Stuart Lewis acquired 774 shares of the stock in a transaction dated Thursday, January 2nd. The shares were acquired at an average cost of GBX 397 ($4.89) per share, for a total transaction of £3,072.78 ($3,788.41). Also, insider Katie Murray sold 533,746 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of GBX 392 ($4.83), for a total value of £2,092,284.32 ($2,579,563.95). 16.15% of the stock is owned by company insiders.

About NatWest Group

NatWest Group is a UK-focused banking organisation, serving over 19 million customers, with business operations stretching across retail, commercial and private banking markets.