Analysts Set NatWest Group plc (LON:NWG) PT at GBX 351

Shares of NatWest Group plc (LON:NWG) have received an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has assigned 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 analysts that have updated their coverage on the stock in the last year is GBX 351 ($4.40).

Several research analysts recently commented on the stock. Citigroup reiterated a “buy” rating on shares of NatWest Group in a research report on Monday, September 2nd. JPMorgan Chase & Co. restated a “top pick” rating on shares of NatWest Group in a research report on Friday, December 6th.

NatWest Group Stock Up 0.4 %

NWG stock opened at GBX 397 ($4.98) on Friday. NatWest Group has a 12-month low of GBX 203.10 ($2.55) and a 12-month high of GBX 419.70 ($5.26). The firm has a market cap of £33.07 billion, a PE ratio of 844.68, a P/E/G ratio of 0.46 and a beta of 1.28. The business has a 50 day moving average of GBX 386.58 and a 200-day moving average of GBX 351.51.

Insiders Place Their Bets

In other NatWest Group news, insider Katie Murray sold 533,746 shares of NatWest Group stock in a transaction on Monday, November 25th. The stock was sold at an average price of GBX 392 ($4.91), for a total value of £2,092,284.32 ($2,622,896.23). Also, insider Yasmin Jetha purchased 842 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The stock was acquired at an average price of GBX 344 ($4.31) per share, with a total value of £2,896.48 ($3,631.04). Corporate insiders own 16.15% of the company’s stock.

About NatWest Group

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