Arbuthnot Banking Group Plc’s “Hold” Rating Reaffirmed at Numis Securities Ltd (ARBB)
Arbuthnot Banking Group Plc (LON:ARBB)‘s stock had its “hold” rating reiterated by investment analysts at Numis Securities Ltd in a note issued to investors on Tuesday. They currently have a GBX 1,130 ($19.31) price target on the stock. Numis Securities Ltd’s price objective would suggest a potential downside of 9.96% from the stock’s previous close.
Arbuthnot Banking Group Plc (LON:ARBB) traded up 6.36% during mid-day trading on Tuesday, hitting GBX 1255.00. 1,008 shares of the company’s stock traded hands. Arbuthnot Banking Group Plc has a 1-year low of GBX 910.00 and a 1-year high of GBX 1525.00. The stock’s 50-day moving average is GBX 1192.06 and its 200-day moving average is GBX 1184..
The company also recently announced a dividend, which is scheduled for Friday, October 3rd. Stockholders of record on Wednesday, September 3rd will be paid a dividend of GBX 11 ($0.19) per share. This represents a dividend yield of 0.87%. The ex-dividend date is Wednesday, September 3rd.
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