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Berenberg Bank Sticks to Its Buy Rating for NatWest Group (NWG)

Tipranks - Tipranks - Thu Jun 25, 6:44PM CDT

Berenberg Bank analyst Michael Christodoulou reiterated a Buy rating on NatWest Group today and set a price target of p860.00.

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According to TipRanks, Christodoulou is ranked #621 out of 12264 analysts.

NatWest Group has an analyst consensus of Moderate Buy, with a price target consensus of p761.50.

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Based on NatWest Group’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p7.26 billion and a net profit of p1.33 billion. In comparison, last year the company earned a revenue of p3.7 billion and had a net profit of p1.25 billion

Based on the recent corporate insider activity of 112 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NWG in relation to earlier this year.

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