NatWest Group (LON:NWG) Hits New 1-Year High – Should You Buy?

NatWest Group plc (LON:NWG) shares reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 419.70 ($5.17) and last traded at GBX 419.04 ($5.16), with a volume of 35821449 shares trading hands. The stock had previously closed at GBX 414.80 ($5.11).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reiterated a “top pick” rating on shares of NatWest Group in a report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 351 ($4.32).

NatWest Group Price Performance

The company’s 50-day moving average price is GBX 400.46 and its 200-day moving average price is GBX 364.99. The company has a market cap of £35.08 billion, a P/E ratio of 895.91, a P/E/G ratio of 0.46 and a beta of 1.28.

NatWest Group (LON:NWG) last released its earnings results on Friday, October 25th. The company reported GBX 13.70 ($0.17) earnings per share (EPS) for the quarter. NatWest Group had a return on equity of 12.28% and a net margin of 32.31%. On average, equities research analysts predict that NatWest Group plc will post 45.9724712 EPS for the current year.

Insider Activity at NatWest Group

In other NatWest Group news, insider Stuart Lewis acquired 774 shares of NatWest Group stock in a transaction dated Thursday, January 2nd. The stock was bought at an average cost of GBX 397 ($4.89) per share, for a total transaction of £3,072.78 ($3,782.81). Also, insider Katie Murray sold 533,746 shares of NatWest Group stock in a transaction dated Monday, November 25th. The shares were sold at an average price of GBX 392 ($4.83), for a total value of £2,092,284.32 ($2,575,753.19). 16.15% of the stock is owned by insiders.

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.