NatWest Group (LON:NWG) Rating Reiterated by Shore Capital

Shore Capital reiterated their buy rating on shares of NatWest Group (LON:NWG – Get Rating) in a report published on Monday morning, Digital Look reports.

Other equities research analysts have also issued research reports about the company. Credit Suisse Group reduced their price target on NatWest Group from GBX 360 ($4.48) to GBX 350 ($4.35) in a research report on Tuesday, May 2nd. Barclays cut their target price on NatWest Group from GBX 400 ($4.98) to GBX 380 ($4.73) in a research report on Tuesday, May 2nd. The Goldman Sachs Group restated a buy rating on shares of NatWest Group in a research report on Thursday, February 2nd. Bank of America restated a buy rating on shares of NatWest Group in a research report on Monday, January 30th. Finally, Berenberg Bank reissued a buy rating and issued a GBX 360 ($4.48) price objective on shares of NatWest Group in a research note on Friday, April 28th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of Moderate Buy and an average price target of GBX 340 ($4.23).

NatWest Group Trading Up 0.1 %

LON NWG opened at GBX 268.30 ($3.34) on Monday. The business’s 50-day moving average price is GBX 265.95 and its two-hundred day moving average price is GBX 273.08. NatWest Group has a 12 month low of GBX 210.20 ($2.61) and a 12 month high of GBX 313.10 ($3.89). The firm has a market capitalization of £25.43 billion, a PE ratio of 654.39, a price-to-earnings-growth ratio of 0.55 and a beta of 1.30.

Insider Buying and Selling

In related news, insider Alison Rose sold 52,863 shares of NatWest Group stock in a transaction on Thursday, May 11th. The stock was sold at an average price of GBX 260 ($3.23), for a total transaction of £137,443.80 ($170,950.00). In other NatWest Group news, insider Alison Rose sold 52,863 shares of the firm’s stock in a transaction on Thursday, May 11th. The stock was sold at an average price of GBX 260 ($3.23), for a total value of £137,443.80 ($170,950.00). Also, insider Katie Murray sold 604,853 shares of the firm’s stock in a transaction on Tuesday, May 23rd. The stock was sold at an average price of GBX 274 ($3.41), for a total value of £1,657,297.22 ($2,061,314.95). 42.65% of the stock is currently owned by corporate insiders.

NatWest Group Company Profile

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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, Commercial Banking, Private Banking, RBS International, and NatWest Markets segments.