Key Points
- Insider sale: NatWest Group insider Katie Murray sold 111,000 shares at an average price of GBX 690, generating total proceeds of approximately £765,900.
- Stock performance: Shares opened at GBX 699.39, compared with a 52-week range of GBX 504 to GBX 726. The company has a £55.67 billion market capitalization and a P/E ratio of 9.38.
- Analyst outlook: NatWest has a consensus rating of “Moderate Buy” from eight analysts, with a consensus price target of GBX 761.88; five analysts rate the stock a Buy and three a Hold.
NatWest Group plc (LON:NWG - Get Free Report) insider Katie Murray sold 111,000 shares of NatWest Group stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of GBX 690, for a total transaction of £765,900.
NatWest Group Stock Performance
Shares of LON:NWG opened at GBX 699.39 on Friday. NatWest Group plc has a 52 week low of GBX 504 and a 52 week high of GBX 726. The company has a market capitalization of £55.67 billion, a PE ratio of 9.38, a PEG ratio of 0.46 and a beta of 0.81. The company has a 50 day moving average price of GBX 684.35 and a two-hundred day moving average price of GBX 623.96.
NatWest Group (LON:NWG - Get Free Report) last posted its earnings results on Friday, July 31st. The company reported GBX 38.10 earnings per share for the quarter. NatWest Group had a net margin of 21.17% and a return on equity of 16.16%. On average, sell-side analysts forecast that NatWest Group plc will post 45.9724712 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on NWG shares. Jefferies Financial Group reiterated a "buy" rating and set a GBX 770 target price on shares of NatWest Group in a report on Wednesday. Citigroup lifted their price objective on NatWest Group from GBX 820 to GBX 840 and gave the company a "buy" rating in a report on Monday, August 3rd. Royal Bank Of Canada reiterated a "sector perform" rating and issued a GBX 725 price objective on shares of NatWest Group in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 840 target price on shares of NatWest Group in a research note on Monday, August 3rd. Finally, JPMorgan Chase & Co. raised their target price on shares of NatWest Group from GBX 780 to GBX 790 and gave the stock an "overweight" rating in a report on Monday, August 3rd. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, NatWest Group has an average rating of "Moderate Buy" and a consensus target price of GBX 761.88.
Check Out Our Latest Report on NatWest Group
NatWest Group Company Profile
(
Get Free Report)
We're a UK-focussed bank serving over 20 million customers, with businesses across retail, commercial and private banking markets.
With a brand history stretching back nearly 300 years, we have our roots in the communities we serve across every nation and region of the UK. Our brands include NatWest, Royal Bank of Scotland, Ulster Bank and Coutts.
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