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

NatWest Group plc (LON:NWG) has been given a consensus recommendation of “Moderate Buy” by the six analysts that are covering the firm, MarketBeat.com 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 issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 351 ($4.41).

A number of analysts recently commented on the stock. Citigroup reiterated a “buy” rating on shares of NatWest Group in a research note 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 Down 1.1 %

Shares of LON NWG opened at GBX 395.50 ($4.97) on Friday. NatWest Group has a twelve month low of GBX 203.10 ($2.55) and a twelve month high of GBX 419.70 ($5.27). The business has a fifty day simple moving average of GBX 386.58 and a two-hundred day simple moving average of GBX 351.29. The firm has a market cap of £32.95 billion, a PE ratio of 841.49, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28.

Insider Activity

In other news, insider Katie Murray sold 533,746 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of GBX 392 ($4.93), for a total value of £2,092,284.32 ($2,629,488.90). Also, insider Yasmin Jetha bought 842 shares of NatWest Group stock in a transaction that occurred on Tuesday, October 1st. The stock was bought at an average cost of GBX 344 ($4.32) per share, for a total transaction of £2,896.48 ($3,640.17). Corporate insiders own 16.15% of the company’s stock.

About NatWest Group

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.