NatWest Group’s (NWG) Sector perform Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reaffirmed their sector perform rating on shares of NatWest Group (LON:NWG) in a report issued on Monday, MarketBeat Ratings reports. The firm currently has a GBX 725 price target on the stock.

NWG has been the topic of several other research reports. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 730 price target on shares of NatWest Group in a research report on Friday, July 31st. Citigroup boosted their price objective on shares of NatWest Group from GBX 820 to GBX 840 and gave the stock a “buy” rating in a research note on Monday. JPMorgan Chase & Co. increased their price objective on shares of NatWest Group from GBX 780 to GBX 790 and gave the stock an “overweight” rating in a research report on Monday. Shore Capital Group raised shares of NatWest Group to a “hold” rating in a research note on Friday, May 1st. Finally, Berenberg Bank lifted their target price on shares of NatWest Group from GBX 860 to GBX 880 and gave the company a “buy” rating in a report on Monday. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, NatWest Group presently has a consensus rating of “Moderate Buy” and an average target price of GBX 756.88.

NatWest Group Price Performance

LON NWG opened at GBX 713.80 on Monday. The firm has a market capitalization of £56.82 billion, a P/E ratio of 9.57, a P/E/G ratio of 0.46 and a beta of 0.81. NatWest Group has a 1-year low of GBX 500.20 and a 1-year high of GBX 726. The business’s 50-day simple moving average is GBX 650.15 and its 200-day simple moving average is GBX 616.98.

NatWest Group (LON:NWG) last issued its earnings results on Friday, July 31st. The company reported GBX 38.10 earnings per share (EPS) for the quarter. NatWest Group had a return on equity of 16.16% and a net margin of 20.89%. On average, equities research analysts expect that NatWest Group will post 45.9724712 EPS for the current fiscal year.

Insider Buying and Selling at NatWest Group

In related news, insider Lena Wilson bought 183 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were acquired at an average cost of GBX 668 per share, for a total transaction of £1,222.44. Also, insider Albert Hitchcock purchased 514 shares of NatWest Group stock in a transaction that occurred on Wednesday, July 1st. The shares were bought at an average cost of GBX 668 per share, for a total transaction of £3,433.52. In the last quarter, insiders bought 2,747 shares of company stock worth $1,834,996. Insiders own 0.21% of the company’s stock.

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.