NatWest Group plc (LON:NWG) Receives GBX 347.50 Consensus Price Target from Brokerages

NatWest Group plc (LON:NWG) has been given an average rating of “Moderate Buy” by the seven ratings firms that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 347.50 ($4.52).

A number of research analysts have recently weighed in on NWG shares. Berenberg Bank reissued a “buy” rating and set a GBX 415 ($5.40) target price on shares of NatWest Group in a research report on Wednesday, August 21st. Citigroup reissued a “buy” rating on shares of NatWest Group in a report on Monday, September 2nd. Finally, JPMorgan Chase & Co. boosted their target price on NatWest Group from GBX 370 ($4.82) to GBX 420 ($5.47) and gave the company an “overweight” rating in a research note on Monday, July 29th.

NatWest Group Stock Up 0.4 %

NWG stock opened at GBX 386.70 ($5.03) on Friday. The business has a 50 day moving average of GBX 347.34 and a 200-day moving average of GBX 330.32. The firm has a market cap of £32.21 billion, a PE ratio of 822.77, a P/E/G ratio of 0.46 and a beta of 1.28. NatWest Group has a 12-month low of GBX 185.45 ($2.41) and a 12-month high of GBX 390.02 ($5.08).

Insider Transactions at NatWest Group

In related news, insider Yasmin Jetha purchased 842 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The shares were purchased at an average price of GBX 344 ($4.48) per share, with a total value of £2,896.48 ($3,770.48). 16.15% of the stock is owned by insiders.

NatWest Group Company Profile

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.