NatWest Group (LON:NWG) Given New GBX 370 Price Target at JPMorgan Chase & Co.

NatWest Group (LON:NWG) had its price target hoisted by research analysts at JPMorgan Chase & Co. from GBX 350 ($4.43) to GBX 370 ($4.68) in a report issued on Wednesday, Digital Look reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 15.09% from the company’s current price.

A number of other equities research analysts have also recently weighed in on the stock. Shore Capital cut shares of NatWest Group to a “hold” rating in a research note on Monday, May 20th. Peel Hunt began coverage on shares of NatWest Group in a research note on Friday, April 19th. They set a “buy” rating and a GBX 330 ($4.17) price objective on the stock. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, NatWest Group has a consensus rating of “Moderate Buy” and an average target price of GBX 319.38 ($4.04).

NatWest Group Stock Up 1.4 %

NWG stock traded up GBX 4.40 ($0.06) during mid-day trading on Wednesday, reaching GBX 321.50 ($4.07). The company had a trading volume of 17,124,672 shares, compared to its average volume of 28,771,338. The stock has a market capitalization of £28.07 billion, a P/E ratio of 684.04, a P/E/G ratio of 0.46 and a beta of 1.31. NatWest Group has a one year low of GBX 168 ($2.12) and a one year high of GBX 329.80 ($4.17). The stock’s 50-day simple moving average is GBX 311.86 and its two-hundred day simple moving average is GBX 263.40.

Insider Buying and Selling at NatWest Group

In related news, insider Mark Seligman purchased 159 shares of the stock in a transaction on Wednesday, May 1st. The shares were purchased at an average cost of GBX 303 ($3.83) per share, for a total transaction of £481.77 ($609.37). In other news, insider Mark Seligman purchased 159 shares of the business’s stock in a transaction dated Wednesday, May 1st. The shares were acquired at an average price of GBX 303 ($3.83) per share, with a total value of £481.77 ($609.37). Also, insider Patrick Flynn purchased 974 shares of the business’s stock in a transaction dated Monday, July 1st. The shares were purchased at an average cost of GBX 316 ($4.00) per share, for a total transaction of £3,077.84 ($3,893.04). Company 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.