Gill Whitehead Buys 569 Shares of NatWest Group plc (LON:NWG) Stock

NatWest Group plc (LON:NWG) insider Gill Whitehead bought 569 shares of the stock in a transaction on Tuesday, July 1st. The shares were acquired at an average cost of GBX 501 ($6.84) per share, with a total value of £2,850.69 ($3,891.73).

NatWest Group Trading Up 2.0%

LON NWG opened at GBX 483.36 ($6.60) on Friday. The firm has a market capitalization of £38.69 billion, a PE ratio of 8.68, a price-to-earnings-growth ratio of 0.46 and a beta of 1.28. The business’s 50-day moving average price is GBX 505.20 and its two-hundred day moving average price is GBX 458.22. NatWest Group plc has a 12 month low of GBX 309 ($4.22) and a 12 month high of GBX 537.20 ($7.33).

NatWest Group (LON:NWG) last issued its quarterly earnings results on Friday, May 2nd. The company reported GBX 15.50 ($0.21) 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, analysts forecast that NatWest Group plc will post 45.9724712 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

NWG has been the topic of a number of research analyst reports. JPMorgan Chase & Co. raised their price target on shares of NatWest Group from GBX 510 ($6.96) to GBX 550 ($7.51) and gave the company a “top pick” rating in a research note on Tuesday, March 25th. Shore Capital reaffirmed a “hold” rating on shares of NatWest Group in a research note on Monday, June 2nd. Finally, Citigroup upped their price target on shares of NatWest Group from GBX 580 ($7.92) to GBX 615 ($8.40) and gave the stock a “buy” rating in a report on Thursday, March 6th.

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.