NatWest Group (LON:NWG) Given New GBX 510 Price Target at JPMorgan Chase & Co.

NatWest Group (LON:NWG) had its price objective increased by JPMorgan Chase & Co. from GBX 500 ($6.29) to GBX 510 ($6.42) in a report released on Wednesday, Marketbeat Ratings reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

NatWest Group Stock Down 1.0 %

Shares of NWG stock opened at GBX 440.88 ($5.55) on Wednesday. NatWest Group has a 12 month low of GBX 224.40 ($2.82) and a 12 month high of GBX 455.44 ($5.73). The company has a market cap of £35.29 billion, a PE ratio of 7.92, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. The business’s 50 day moving average is GBX 414.74 and its two-hundred day moving average is GBX 379.42.

NatWest Group (LON:NWG) last posted its earnings results on Friday, February 14th. The company reported GBX 52.50 ($0.66) earnings per share (EPS) for the quarter. NatWest Group had a net margin of 18.21% and a return on equity of 13.29%. As a group, equities analysts expect that NatWest Group will post 45.9724712 EPS for the current fiscal year.

Insider Buying and Selling

In other NatWest Group news, insider Katie Murray sold 533,746 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of GBX 392 ($4.93), for a total value of £2,092,284.32 ($2,632,797.68). Also, insider Stuart Lewis acquired 774 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were bought at an average price of GBX 397 ($5.00) per share, for a total transaction of £3,072.78 ($3,866.59). 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.