Several other equities analysts have also commented on the stock. Citigroup Inc lowered shares of Shawbrook Group PLC to a neutral rating in a research report on Monday, March 20th. Peel Hunt restated a hold rating and set a GBX 330 ($4.26) price target on shares of Shawbrook Group PLC in a research report on Monday, March 27th. Liberum Capital restated a buy rating and set a GBX 290 ($3.74) price target on shares of Shawbrook Group PLC in a research report on Monday, March 6th. Credit Suisse Group AG upped their price target on shares of Shawbrook Group PLC from GBX 270 ($3.49) to GBX 300 ($3.87) and gave the stock a neutral rating in a research report on Friday, March 24th. Finally, Shore Capital reiterated a buy rating on shares of Shawbrook Group PLC in a research report on Tuesday, March 14th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company. The company has a consensus rating of Hold and an average target price of GBX 309.64 ($4.00).
Shawbrook Group PLC (LON:SHAW) traded up 0.44% during midday trading on Friday, reaching GBX 342.10. 126,800 shares of the company’s stock were exchanged. The firm’s market capitalization is GBX 856.96 million. Shawbrook Group PLC has a 52 week low of GBX 117.30 and a 52 week high of GBX 345.00. The stock’s 50 day moving average is GBX 338.99 and its 200 day moving average is GBX 282.67.
TRADEMARK VIOLATION WARNING: This news story was posted by BBNS and is the sole property of of BBNS. If you are viewing this news story on another site, it was copied illegally and republished in violation of US and international trademark & copyright law. The original version of this news story can be viewed at https://baseballnewssource.com/markets/shawbrook-group-plcs-shaw-sell-rating-reaffirmed-at-investec/817356.html.
The firm also recently declared a dividend, which will be paid on Friday, June 30th. Shareholders of record on Thursday, June 1st will be issued a GBX 2.70 ($0.03) dividend. This represents a yield of 0.86%. The ex-dividend date of this dividend is Thursday, June 1st.
Shawbrook Group PLC Company Profile
Shawbrook Group plc is a lending and savings bank. The Company operates through four segments: Property Finance, Business Finance, Consumer Lending and Central. The Property Finance segment provides mortgages for investors, businesses and personal customers. It serves professional landlords and property traders in residential and commercial asset classes across long-term and shorter-term finance.
Receive News & Ratings for Shawbrook Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shawbrook Group PLC and related companies with our FREE daily email newsletter.