Insider Buying: NatWest Group plc (LON:NWG) Insider Buys 619 Shares of Stock

NatWest Group plc (LON:NWG) insider Roisin Donnelly acquired 619 shares of the 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 £3,101.19 ($4,233.71).

NatWest Group Price Performance

Shares of LON NWG opened at GBX 483.36 ($6.60) on Friday. NatWest Group plc has a fifty-two week low of GBX 309 ($4.22) and a fifty-two week high of GBX 537.20 ($7.33). The firm has a market capitalization of £38.69 billion, a P/E ratio of 8.68, a P/E/G ratio of 0.46 and a beta of 1.28. The company’s 50 day simple moving average is GBX 505.20 and its 200 day simple moving average is GBX 458.22.

NatWest Group (LON:NWG) last issued its 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%. Sell-side analysts expect that NatWest Group plc will post 45.9724712 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.