Insider Buying: NatWest Group plc (LON:NWG) Insider Acquires 636 Shares of Stock

by · The Cerbat Gem

NatWest Group plc (LON:NWG – Get Free Report) insider Stuart Lewis purchased 636 shares of the firm’s stock in a transaction dated Tuesday, July 1st. The shares were purchased at an average cost of GBX 501 ($6.84) per share, for a total transaction of £3,186.36 ($4,348.79).

NatWest Group Price Performance

Shares of LON NWG opened at GBX 483.36 ($6.60) on Friday. The firm’s 50-day moving average is GBX 505.39 and its two-hundred day moving average is GBX 458.80. The company 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. 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 – Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The company reported GBX 15.50 ($0.21) earnings per share (EPS) for the quarter. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%. On average, analysts forecast that NatWest Group plc will post 45.9724712 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. 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 report on Tuesday, March 25th. Shore Capital restated a “hold” rating on shares of NatWest Group in a research report on Monday, June 2nd.

Read Our Latest Report on NWG

NatWest Group Company Profile

(Get Free Report)

NatWest Group is a UK-focused banking organisation, serving over 19 million customers, with business operations stretching across retail, commercial and private banking markets.

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