NatWest Group (LON:NWG) Downgraded by Keefe, Bruyette & Woods to “Underperform”

Keefe, Bruyette & Woods lowered shares of NatWest Group (LON:NWGFree Report) to an underperform rating in a research report released on Monday morning, Marketbeat Ratings reports. The firm currently has GBX 230 ($2.90) target price on the stock.

Other equities research analysts also recently issued research reports about the company. JPMorgan Chase & Co. raised NatWest Group to an overweight rating and increased their target price for the stock from GBX 230 ($2.90) to GBX 280 ($3.54) in a research note on Thursday, November 30th. Citigroup reissued a buy rating on shares of NatWest Group in a research report on Monday, October 16th. Berenberg Bank dropped their price objective on shares of NatWest Group from GBX 360 ($4.55) to GBX 300 ($3.79) and set a buy rating for the company in a report on Friday, October 27th. Finally, Barclays upgraded shares of NatWest Group to an overweight rating and increased their target price for the stock from GBX 315 ($3.98) to GBX 330 ($4.17) in a report on Friday, November 17th. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of Moderate Buy and an average target price of GBX 307.50 ($3.88).

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NatWest Group Stock Up 0.3 %

Shares of LON NWG opened at GBX 208.30 ($2.63) on Monday. The business’s 50 day moving average is GBX 217.29 and its two-hundred day moving average is GBX 219.39. NatWest Group has a 52-week low of GBX 168 ($2.12) and a 52-week high of GBX 307.10 ($3.88). The firm has a market cap of £18.23 billion, a price-to-earnings ratio of 423.27, a PEG ratio of 0.46 and a beta of 1.34.

Insiders Place Their Bets

In other news, insider Roisin Donnelly bought 1,218 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The stock was purchased at an average price of GBX 221 ($2.79) per share, for a total transaction of £2,691.78 ($3,399.57). In other NatWest Group news, insider Roisin Donnelly bought 1,218 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The shares were acquired at an average price of GBX 221 ($2.79) per share, with a total value of £2,691.78 ($3,399.57). Also, insider Paul Thwaite sold 3,169 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of GBX 220 ($2.78), for a total value of £6,971.80 ($8,805.00). 35.28% of the stock is currently owned by company insiders.

NatWest Group Company Profile

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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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