NatWest Group plc (LON:NWG) Insider Lena Wilson Purchases 261 Shares

NatWest Group plc (LON:NWG) insider Lena Wilson bought 261 shares of the firm’s stock in a transaction dated Tuesday, April 1st. The shares were acquired at an average cost of GBX 454 ($5.87) per share, with a total value of £1,184.94 ($1,531.92).

NatWest Group Stock Performance

LON:NWG opened at GBX 458.80 ($5.93) on Wednesday. NatWest Group plc has a 52 week low of GBX 263.70 ($3.41) and a 52 week high of GBX 485.51 ($6.28). The firm has a 50-day moving average price of GBX 447.43 and a two-hundred day moving average price of GBX 403.71. The firm has a market cap of £36.73 billion, a price-to-earnings ratio of 8.24, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28.

NatWest Group (LON:NWG) last issued its quarterly earnings results on Friday, February 14th. The company reported GBX 52.50 ($0.68) EPS for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. As a group, sell-side analysts forecast that NatWest Group plc will post 45.9724712 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have commented on NWG. Citigroup boosted their price objective on NatWest Group from GBX 580 ($7.50) to GBX 615 ($7.95) and gave the stock a “buy” rating in a report on Thursday, March 6th. JPMorgan Chase & Co. upped their price target on NatWest Group from GBX 510 ($6.59) to GBX 550 ($7.11) and gave the stock a “top pick” rating in a report on Tuesday, March 25th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, NatWest Group has a consensus rating of “Buy” and an average target price of GBX 477.50 ($6.17).

About NatWest Group

NatWest Group is a UK-focused banking organisation, serving over 19 million customers, with business operations stretching across retail, commercial and private banking markets.