NatWest Group (LON:NWG) Releases Quarterly Earnings Results

NatWest Group (LON:NWG) posted its quarterly earnings data on Friday. The company reported GBX 52.50 ($0.66) earnings per share (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 Stock Performance

NWG opened at GBX 428.10 ($5.39) on Friday. NatWest Group has a one year low of GBX 206.80 ($2.60) and a one year high of GBX 455.44 ($5.73). The company has a market cap of £34.27 billion, a P/E ratio of 7.69, a PEG ratio of 0.46 and a beta of 1.28. The business’s 50-day simple moving average is GBX 412.87 and its 200-day simple moving average is GBX 377.29.

Insider Activity

In other news, insider Stuart Lewis bought 774 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The stock was purchased at an average cost of GBX 397 ($5.00) per share, with a total value of £3,072.78 ($3,867.56). Also, insider Katie Murray sold 533,746 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of GBX 392 ($4.93), for a total value of £2,092,284.32 ($2,633,460.44). Company insiders own 16.15% of the company’s stock.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. restated 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 given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, NatWest Group has a consensus rating of “Buy” and a consensus target price of GBX 381.25 ($4.80).

About NatWest Group

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