NatWest Group (LON:NWG) Releases Earnings Results

NatWest Group (LON:NWG) released its quarterly earnings data on Friday. The company reported GBX 52.50 ($0.66) EPS for the quarter, Digital Look Earnings reports. NatWest Group had a return on equity of 13.29% and a net margin of 18.21%.

NatWest Group Trading Down 2.0 %

LON:NWG traded down GBX 8.90 ($0.11) on Friday, reaching GBX 428.10 ($5.38). 27,254,506 shares of the stock traded hands, compared to its average volume of 23,686,438. The company’s fifty day simple moving average is GBX 412.58 and its 200 day simple moving average is GBX 376.89. The company has a market capitalization of £34.27 billion, a price-to-earnings ratio of 7.69, a PEG ratio of 0.46 and a beta of 1.28. NatWest Group has a 12 month low of GBX 206.80 ($2.60) and a 12 month high of GBX 455.44 ($5.72).

Insider Activity at NatWest Group

In other NatWest Group news, insider Katie Murray sold 533,746 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of GBX 392 ($4.93), for a total value of £2,092,284.32 ($2,629,488.90). Also, insider Stuart Lewis purchased 774 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were bought at an average cost of GBX 397 ($4.99) per share, for a total transaction of £3,072.78 ($3,861.73). 16.15% of the stock is owned by insiders.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reiterated a “top pick” rating on shares of NatWest Group in a report on Friday, December 6th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of GBX 381.25 ($4.79).

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.