NatWest Group plc (LON:NWG) Receives Average Recommendation of “Buy” from Analysts

NatWest Group plc (LON:NWG) has earned an average recommendation of “Buy” from the five analysts that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 381.25 ($4.80).

Separately, JPMorgan Chase & Co. reaffirmed a “top pick” rating on shares of NatWest Group in a report on Friday, December 6th.

Insider Activity

In related news, insider Katie Murray sold 533,746 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of GBX 392 ($4.93), for a total value of £2,092,284.32 ($2,633,460.44). Also, insider Stuart Lewis purchased 774 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was purchased at an average price of GBX 397 ($5.00) per share, for a total transaction of £3,072.78 ($3,867.56). 16.15% of the stock is owned by company insiders.

NatWest Group Price Performance

LON:NWG opened at GBX 428.10 ($5.39) on Friday. The business has a 50 day simple moving average of GBX 412.87 and a 200 day simple moving average of GBX 377.29. The firm has a market capitalization of £34.27 billion, a P/E ratio of 7.69, a P/E/G ratio of 0.46 and a beta of 1.28. NatWest Group has a 12-month low of GBX 206.80 ($2.60) and a 12-month high of GBX 455.44 ($5.73).

NatWest Group (LON:NWG) last released its quarterly earnings results on Friday, February 14th. The company reported GBX 52.50 ($0.66) earnings per share for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. Research analysts anticipate that NatWest Group will post 45.9724712 EPS for the current fiscal year.

NatWest Group Company Profile

NatWest Group is a UK-focused banking organisation, serving over 19 million customers, with business operations stretching across retail, commercial and private banking markets.