NatWest Group plc (LON:NWG) Insider Stuart Lewis Buys 636 Shares

NatWest Group plc (LON:NWG) insider Stuart Lewis acquired 636 shares of the stock in a transaction on Tuesday, July 1st. The shares were bought at an average cost of GBX 501 ($6.84) per share, for a total transaction of £3,186.36 ($4,349.98).

NatWest Group Stock Performance

Shares of NWG opened at GBX 483.36 ($6.60) on Friday. The stock has a 50-day simple moving average of GBX 505.20 and a 200-day simple moving average of GBX 458.22. The stock has a market capitalization of £38.69 billion, a PE ratio of 8.68, a PEG ratio of 0.46 and a beta of 1.28. NatWest Group plc has a 1 year low of GBX 309 ($4.22) and a 1 year high of GBX 537.20 ($7.33).

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

Analysts Set New Price Targets

A number of research analysts recently commented on NWG shares. Citigroup upped their price objective on NatWest Group from GBX 580 ($7.92) to GBX 615 ($8.40) and gave the company a “buy” rating in a report on Thursday, March 6th. Shore Capital reaffirmed a “hold” rating on shares of NatWest Group in a research report on Monday, June 2nd. Finally, JPMorgan Chase & Co. increased their price target on shares of 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.

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.