NatWest Group (LON:NWG – Get Free Report) had its target price increased by equities research analysts at JPMorgan Chase & Co. from GBX 370 ($4.79) to GBX 420 ($5.43) in a research note issued to investors on Monday, LSE.Co.UK reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 13.73% from the stock’s current price.
Several other brokerages also recently issued reports on NWG. Citigroup reiterated a “buy” rating and set a GBX 360 ($4.66) price target on shares of NatWest Group in a research report on Monday. Shore Capital downgraded shares of NatWest Group to a “hold” rating in a research report on Monday, May 20th. Finally, Peel Hunt began coverage on shares of NatWest Group in a research report on Friday, April 19th. They set a “buy” rating and a GBX 330 ($4.27) price target on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, NatWest Group presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 330.63 ($4.28).
Read Our Latest Stock Analysis on NatWest Group
NatWest Group Stock Performance
Insiders Place Their Bets
In related news, insider Mark Seligman bought 159 shares of the company’s stock in a transaction on Wednesday, May 1st. The shares were purchased at an average cost of GBX 303 ($3.92) per share, for a total transaction of £481.77 ($623.09). In other NatWest Group news, insider Mark Seligman acquired 159 shares of the stock in a transaction dated Wednesday, May 1st. The shares were bought at an average cost of GBX 303 ($3.92) per share, for a total transaction of £481.77 ($623.09). Also, insider Patrick Flynn acquired 974 shares of the stock in a transaction dated Monday, July 1st. The stock was acquired at an average price of GBX 316 ($4.09) per share, for a total transaction of £3,077.84 ($3,980.65). Corporate insiders own 27.08% of the company’s stock.
About NatWest Group
NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Private Banking, and Commercial & Institutional segments.
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