NatWest Group plc (LON:NWG) Receives GBX 309.38 Consensus Price Target from Brokerages

Shares of NatWest Group plc (LON:NWG) have received a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 309.38 ($3.91).

Several equities analysts have recently weighed in on NWG shares. Peel Hunt began coverage on shares of NatWest Group in a research report on Friday, April 19th. They issued a “buy” rating and a GBX 330 ($4.17) price objective on the stock. Shore Capital downgraded shares of NatWest Group to a “hold” rating in a research report on Monday, May 20th. Finally, JPMorgan Chase & Co. reaffirmed a “top pick” rating on shares of NatWest Group in a research report on Tuesday, June 25th.

Insider Activity

In other NatWest Group news, insider Mark Seligman acquired 159 shares of NatWest Group stock in a transaction that occurred on Wednesday, May 1st. The shares were bought at an average price of GBX 303 ($3.83) per share, with a total value of £481.77 ($609.37). Insiders own 27.08% of the company’s stock.

NatWest Group Price Performance

Shares of NWG opened at GBX 315 ($3.98) on Friday. The company has a market cap of £27.50 billion, a PE ratio of 670.21, a price-to-earnings-growth ratio of 0.46 and a beta of 1.31. The firm has a 50-day moving average of GBX 311.24 and a 200-day moving average of GBX 262.73. NatWest Group has a one year low of GBX 168 ($2.12) and a one year high of GBX 329.80 ($4.17).

About NatWest Group

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Private Banking, and Commercial & Institutional segments.