Arbuthnot Banking Group (LON:ARBB) Hits New 1-Year High – Here’s Why

Arbuthnot Banking Group PLC (LON:ARBBGet Free Report)’s share price reached a new 52-week high on Monday . The stock traded as high as GBX 775 and last traded at GBX 882.50, with a volume of 4130 shares trading hands. The stock had previously closed at GBX 900.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Arbuthnot Banking Group in a report on Thursday, October 23rd.

Read Our Latest Stock Analysis on ARBB

Arbuthnot Banking Group Price Performance

The firm has a 50 day moving average price of GBX 900.25 and a 200-day moving average price of GBX 957.24. The firm has a market capitalization of £144.02 million, a price-to-earnings ratio of 8.81, a PEG ratio of 0.38 and a beta of 1.00.

About Arbuthnot Banking Group

(Get Free Report)

Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. It operates through nine segments: Banking, Wealth Management, Mortgage Portfolios, Renaissance Asset Finance, Arbuthnot Commercial Asset Based Lending, Arbuthnot Specialist Finance Limited, Asset Alliance Group, All Other Divisions, and Group Centre segments.

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