NatWest Group plc (LON:NWG) Insider Purchases £1,182.36 in Stock

NatWest Group plc (LON:NWG) insider Lena Wilson acquired 236 shares of NatWest Group stock in a transaction dated Tuesday, July 1st. The stock was bought at an average price of GBX 501 ($6.84) per share, for a total transaction of £1,182.36 ($1,614.14).

NatWest Group Trading Up 2.0%

Shares of NWG opened at GBX 483.36 ($6.60) on Friday. The firm has a market capitalization of £38.69 billion, a price-to-earnings ratio of 8.68, a PEG ratio of 0.46 and a beta of 1.28. The firm’s fifty day simple moving average is GBX 505.20 and its 200-day simple moving average is GBX 458.22. NatWest Group plc has a twelve month low of GBX 309 ($4.22) and a twelve month high of GBX 537.20 ($7.33).

NatWest Group (LON:NWG) last posted its earnings results on Friday, May 2nd. The company reported GBX 15.50 ($0.21) EPS for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. On average, analysts predict that NatWest Group plc will post 45.9724712 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on NWG. Shore Capital restated a “hold” rating on shares of NatWest Group in a report on Monday, June 2nd. JPMorgan Chase & Co. boosted their price objective on NatWest Group from GBX 510 ($6.96) to GBX 550 ($7.51) and gave the stock a “top pick” rating in a research report on Tuesday, March 25th. Finally, Citigroup upped their target price on shares of NatWest Group from GBX 580 ($7.92) to GBX 615 ($8.40) and gave the stock a “buy” rating in a research note on Thursday, March 6th.

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.