Shares of NatWest Group plc (LON:NWG – Get Free Report) have earned a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is GBX 330.63 ($4.25).
Several research firms recently commented on NWG. Shore Capital cut NatWest Group to a “hold” rating in a research report on Monday, May 20th. Peel Hunt assumed coverage on shares of NatWest Group in a report on Friday, April 19th. They set a “buy” rating and a GBX 330 ($4.24) price target on the stock. JPMorgan Chase & Co. boosted their price objective on shares of NatWest Group from GBX 370 ($4.76) to GBX 420 ($5.40) and gave the company an “overweight” rating in a report on Monday. Finally, Citigroup restated a “buy” rating and issued a GBX 360 ($4.63) target price on shares of NatWest Group in a report on Monday.
Read Our Latest Analysis on NatWest Group
NatWest Group Trading Up 0.0 %
NatWest Group Cuts Dividend
The firm also recently declared a dividend, which will be paid on Friday, September 13th. Shareholders of record on Thursday, August 8th will be given a GBX 6 ($0.08) dividend. The ex-dividend date of this dividend is Thursday, August 8th. This represents a yield of 1.77%. NatWest Group’s payout ratio is presently 3,617.02%.
Insider Transactions at NatWest Group
In related news, insider Patrick Flynn acquired 974 shares of NatWest Group stock in a transaction dated Monday, July 1st. The stock was purchased at an average cost of GBX 316 ($4.06) per share, for a total transaction of £3,077.84 ($3,959.15). Corporate insiders own 27.08% of the company’s stock.
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.
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