Insider Buying: NatWest Group (LON:NWG) Insider Buys 243 Shares of Stock

NatWest Group plc (LON:NWG) insider Patrick Flynn purchased 243 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were purchased at an average price of GBX 525 per share, for a total transaction of £1,275.75.

Patrick Flynn also recently made the following trade(s):

• On Friday, September 12th, Patrick Flynn acquired 169 shares of NatWest Group stock. The shares were purchased at an average cost of GBX 530 per share, for a total transaction of £895.70.

NatWest Group Stock Performance

Shares of NWG opened at GBX 548 on Monday. The company has a market capitalization of £44.01 billion, a price-to-earnings ratio of 919.46, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. NatWest Group plc has a fifty-two week low of GBX 329.90 and a fifty-two week high of GBX 565.42. The firm has a 50-day simple moving average of GBX 528.61 and a 200-day simple moving average of GBX 501.66.

NatWest Group (LON:NWG) last posted its quarterly earnings results 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%. Equities research analysts forecast that NatWest Group plc will post 45.9724712 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Citigroup boosted their target price 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. Royal Bank Of Canada boosted their price objective on shares of NatWest Group from GBX 475 to GBX 650 and gave the company a “sector perform” rating in a research report on Wednesday, July 30th. Jefferies Financial Group upped their target price on shares of NatWest Group from GBX 530 to GBX 615 and gave the stock a “buy” rating in a research report on Tuesday, August 26th. JPMorgan Chase & Co. upped their target price 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. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 600 target price on shares of NatWest Group in a research report on Monday, July 28th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, NatWest Group currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 613.33.

NatWest Group Company Profile

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.