NatWest Group plc (LON:NWG) Given Average Recommendation of “Moderate Buy” by Analysts

NatWest Group plc (LON:NWG) has been given a consensus recommendation of “Moderate Buy” by the seven brokerages that are currently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 727.14.

Several brokerages have issued reports on NWG. JPMorgan Chase & Co. increased their price objective on shares of NatWest Group from GBX 750 to GBX 780 and gave the company an “overweight” rating in a research report on Monday, April 13th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 725 price objective on shares of NatWest Group in a research report on Tuesday, May 5th. Shore Capital Group raised shares of NatWest Group to a “hold” rating in a research report on Friday, May 1st. Jefferies Financial Group reduced their target price on NatWest Group from GBX 750 to GBX 730 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 840 target price on shares of NatWest Group in a research note on Tuesday, May 5th.

NatWest Group Stock Down 0.8%

Shares of LON:NWG opened at GBX 594.60 on Thursday. NatWest Group has a 52-week low of GBX 471 and a 52-week high of GBX 705.40. The company has a 50 day moving average of GBX 577.52 and a two-hundred day moving average of GBX 608.84. The company has a market capitalization of £47.35 billion, a price-to-earnings ratio of 8.52, a price-to-earnings-growth ratio of 0.46 and a beta of 0.83.

Insider Activity at NatWest Group

In other NatWest Group news, insider Patrick Flynn bought 415 shares of NatWest Group stock in a transaction dated Tuesday, May 5th. The stock was bought at an average cost of GBX 556 per share, for a total transaction of £2,307.40. Also, insider Stuart Lewis bought 445 shares of NatWest Group stock in a transaction dated Tuesday, May 5th. The shares were acquired at an average price of GBX 556 per share, with a total value of £2,474.20. In the last 90 days, insiders bought 4,014 shares of company stock worth $2,231,784. 0.20% 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.