NatWest Group plc (LON:NWG) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of NatWest Group plc (LON:NWG) have received an average recommendation of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 351 ($4.40).

NWG has been the subject of several analyst reports. Citigroup restated 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 Performance

Shares of NatWest Group stock opened at GBX 399.80 ($5.01) on Friday. NatWest Group has a 52-week low of GBX 203.10 ($2.55) and a 52-week high of GBX 419.70 ($5.26). The company has a fifty day moving average of GBX 389.29 and a 200-day moving average of GBX 353.29. The stock has a market capitalization of £33.30 billion, a price-to-earnings ratio of 850.64, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28.

Insider Activity

In other NatWest Group news, insider Yasmin Jetha bought 842 shares of the firm’s stock in a transaction on 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 ($3,632.86). Also, insider Katie Murray sold 533,746 shares of NatWest Group stock in a transaction on Monday, November 25th. The shares were sold at an average price of GBX 392 ($4.92), for a total value of £2,092,284.32 ($2,624,212.12). Insiders own 16.15% of the company’s stock.

NatWest Group Company Profile

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