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

Shares of NatWest Group plc (LON:NWG) have received an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 351 ($4.27).

Separately, JPMorgan Chase & Co. reiterated a “top pick” rating on shares of NatWest Group in a research note on Friday, December 6th.

Insider Transactions at NatWest Group

In other news, insider Stuart Lewis purchased 774 shares of the stock in a transaction dated Thursday, January 2nd. The shares were purchased at an average cost of GBX 397 ($4.83) per share, with a total value of £3,072.78 ($3,737.27). Also, insider Katie Murray sold 533,746 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of GBX 392 ($4.77), for a total value of £2,092,284.32 ($2,544,738.90). Company insiders own 16.15% of the company’s stock.

NatWest Group Stock Performance

Shares of LON NWG opened at GBX 415 ($5.05) on Wednesday. NatWest Group has a fifty-two week low of GBX 203.40 ($2.47) and a fifty-two week high of GBX 419.70 ($5.10). The company has a market cap of £34.57 billion, a PE ratio of 882.99, a P/E/G ratio of 0.46 and a beta of 1.28. The business has a 50-day simple moving average of GBX 399.47 and a two-hundred day simple moving average of GBX 363.29.

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.