Insider Buying: NatWest Group (LON:NWG) Insider Buys £254.40 in Stock

NatWest Group plc (LON:NWG) insider Geeta Gopalan purchased 48 shares of the business’s stock in a transaction on Friday, September 12th. The shares were bought at an average cost of GBX 530 per share, for a total transaction of £254.40.

Geeta Gopalan also recently made the following trade(s):

• On Tuesday, July 1st, Geeta Gopalan acquired 620 shares of NatWest Group stock. The stock was acquired at an average cost of GBX 501 per share, with a total value of £3,106.20.

NatWest Group Stock Up 0.1%

NatWest Group stock opened at GBX 525.80 on Friday. NatWest Group plc has a 52-week low of GBX 327.30 and a 52-week high of GBX 565.42. The firm has a fifty day moving average of GBX 523.65 and a 200-day moving average of GBX 495.79. The firm has a market capitalization of £42.35 billion, a P/E ratio of 882.21, a PEG ratio of 0.46 and a beta of 1.28.

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

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Royal Bank Of Canada raised their price objective on shares of NatWest Group from GBX 475 to GBX 650 and gave the stock a “sector perform” rating in a report on Wednesday, July 30th. Shore Capital reiterated a “hold” rating and issued a GBX 495 price objective on shares of NatWest Group in a research report on Friday, July 25th. Jefferies Financial Group lifted their price objective on shares of NatWest Group from GBX 530 to GBX 615 and gave the company a “buy” rating in a research report on Tuesday, August 26th. 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 report on Tuesday, September 9th. Finally, JPMorgan Chase & Co. boosted their price target on shares of NatWest Group from GBX 610 to GBX 700 and gave the stock an “overweight” rating in a research report on Tuesday, September 9th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, NatWest Group has an average rating of “Moderate Buy” and an average price target of GBX 613.33.

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.