Insider Buying: NatWest Group plc (LON:NWG) Insider Purchases 974 Shares of Stock

NatWest Group plc (LON:NWG) insider Patrick Flynn acquired 974 shares of the company’s stock in a transaction on Monday, July 1st. The shares were bought at an average price of GBX 316 ($4.00) per share, for a total transaction of £3,077.84 ($3,893.04).

NatWest Group Stock Performance

Shares of NWG opened at GBX 321.50 ($4.07) on Thursday. The firm has a market cap of £28.07 billion, a P/E ratio of 684.04, a price-to-earnings-growth ratio of 0.46 and a beta of 1.31. NatWest Group plc has a fifty-two week low of GBX 168 ($2.12) and a fifty-two week high of GBX 329.80 ($4.17). The business has a 50-day moving average of GBX 312.58 and a 200 day moving average of GBX 263.81.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. raised their target price on NatWest Group from GBX 350 ($4.43) to GBX 370 ($4.68) and gave the company an “overweight” rating in a research report on Wednesday. Shore Capital lowered NatWest Group to a “hold” rating in a research report on Monday, May 20th. Finally, Peel Hunt assumed coverage on NatWest Group in a research report on Friday, April 19th. They set a “buy” rating and a GBX 330 ($4.17) target price for the company. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, NatWest Group currently has a consensus rating of “Moderate Buy” and an average price target of GBX 319.38 ($4.04).

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.