NatWest Group plc (LON:NWG - Get Free Report) insider Mark Seligman acquired 159 shares of the company's stock in a transaction that occurred on Wednesday, May 1st. The shares were acquired at an average price of GBX 303 ($3.81) per share, with a total value of £481.77 ($605.16).
NatWest Group Price Performance
Shares of LON:NWG opened at GBX 304.80 ($3.83) on Thursday. The business's 50-day moving average is GBX 263.35 and its 200 day moving average is GBX 229.96. NatWest Group plc has a 1 year low of GBX 168 ($2.11) and a 1 year high of GBX 310 ($3.89). The firm has a market capitalization of £26.64 billion, a P/E ratio of 622.04, a P/E/G ratio of 0.46 and a beta of 1.34.
NatWest Group Increases Dividend
The firm also recently announced a dividend, which was paid on Monday, April 29th. Investors of record on Thursday, March 14th were given a dividend of GBX 11.50 ($0.14) per share. This is a positive change from NatWest Group's previous dividend of $5.50. This represents a yield of 5.37%. The ex-dividend date was Thursday, March 14th. NatWest Group's dividend payout ratio is currently 3,469.39%.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on NWG. Peel Hunt began coverage on NatWest Group in a report on Friday, April 19th. They issued a "buy" rating and a GBX 330 ($4.15) target price for the company. Keefe, Bruyette & Woods cut NatWest Group to an "underperform" rating and set a GBX 230 ($2.89) target price for the company. in a report on Monday, February 12th. Berenberg Bank upped their target price on NatWest Group from GBX 300 ($3.77) to GBX 325 ($4.08) and gave the stock a "buy" rating in a report on Friday, February 16th. Shore Capital reissued a "buy" rating on shares of NatWest Group in a research report on Friday, April 26th. Finally, JPMorgan Chase & Co. boosted their price target on NatWest Group from GBX 270 ($3.39) to GBX 290 ($3.64) and gave the stock an "overweight" rating in a research report on Tuesday, April 9th. One investment analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of GBX 313.89 ($3.94).
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About NatWest Group
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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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