NatWest Group plc (LON:NWG) Receives GBX 347.50 Consensus PT from Analysts

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

Several equities research analysts recently issued reports on NWG shares. Citigroup reaffirmed a “buy” rating on shares of NatWest Group in a research note on Monday, September 2nd. JPMorgan Chase & Co. lifted their price objective on shares of 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. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 415 ($5.40) price objective on shares of NatWest Group in a research note on Wednesday, August 21st.

NatWest Group Trading Down 0.7 %

NWG stock opened at GBX 379.80 ($4.94) on Friday. NatWest Group has a 1 year low of GBX 194.45 ($2.53) and a 1 year high of GBX 396.60 ($5.16). The company has a fifty day simple moving average of GBX 348.09 and a 200 day simple moving average of GBX 331.10. The firm has a market cap of £31.64 billion, a PE ratio of 814.32, a PEG ratio of 0.46 and a beta of 1.28.

Insiders Place Their Bets

In other news, insider Yasmin Jetha bought 842 shares of the business’s stock in a transaction on Tuesday, October 1st. The stock was purchased at an average price of GBX 344 ($4.48) per share, with a total value of £2,896.48 ($3,770.48). Company insiders own 16.15% of the company’s stock.

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.