NatWest Group’s (NWG) Top Pick Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their top pick rating on shares of NatWest Group (LON:NWG) in a research note released on Friday, Marketbeat Ratings reports.

Several other equities analysts have also issued reports on the company. Berenberg Bank reaffirmed a “buy” rating and set a GBX 415 ($5.29) price target on shares of NatWest Group in a research note on Wednesday, August 21st. Citigroup reissued a “buy” rating on shares of NatWest Group in a report on Monday, September 2nd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 351 ($4.47).

NatWest Group Price Performance

NWG stock opened at GBX 413.90 ($5.27) on Friday. The company has a 50 day moving average price of GBX 374.35 and a 200 day moving average price of GBX 344.99. NatWest Group has a fifty-two week low of GBX 203.10 ($2.59) and a fifty-two week high of GBX 418.60 ($5.33). The stock has a market capitalization of £34.48 billion, a PE ratio of 880.64, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28.

Insider Buying and Selling

In other news, insider Yasmin Jetha bought 842 shares of the stock in a transaction on Tuesday, October 1st. The stock was purchased at an average price of GBX 344 ($4.38) per share, with a total value of £2,896.48 ($3,691.19). Also, insider Katie Murray sold 533,746 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of GBX 392 ($5.00), for a total transaction of £2,092,284.32 ($2,666,349.33). 16.15% of the stock is owned by insiders.

NatWest Group Company Profile

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.