Arbuthnot Banking Group Plc Upgraded to “Add” at Numis Securities Ltd (ARBB)
Arbuthnot Banking Group Plc (LON:ARBB) was upgraded by Numis Securities Ltd from a “hold” rating to an “add” rating in a research note issued on Friday, American Banking and Market News reports. The firm currently has a GBX 1,070 ($17.26) price objective on the stock, up from their previous price objective of GBX 1,032 ($16.65). Numis Securities Ltd’s target price would indicate a potential upside of 16.93% from the stock’s previous close.
Arbuthnot Banking Group Plc (LON:ARBB) opened at 951.80 on Friday. Arbuthnot Banking Group Plc has a one year low of GBX 870.00 and a one year high of GBX 1070.00. The stock’s 50-day moving average is GBX 986.3 and its 200-day moving average is GBX 925.7.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.