Shawbrook Group PLC (SHAW) Earns Buy Rating from Citigroup Inc.
Shawbrook Group PLC (LON:SHAW)‘s stock had its “buy” rating reissued by research analysts at Citigroup Inc. in a research report issued to clients and investors on Tuesday.
Several other research firms have also recently commented on SHAW. Peel Hunt reaffirmed a “buy” rating and set a GBX 385 ($5.03) price objective on shares of Shawbrook Group PLC in a research report on Wednesday, June 22nd. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 375 ($4.89) price objective on shares of Shawbrook Group PLC in a research report on Thursday, March 31st. Barclays PLC reaffirmed an “overweight” rating on shares of Shawbrook Group PLC in a research report on Thursday, June 16th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 385 ($5.03) price objective on shares of Shawbrook Group PLC in a research report on Friday, April 1st. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of GBX 348.44 ($4.55).
Shares of Shawbrook Group PLC (LON:SHAW) traded down 0.80% during midday trading on Tuesday, hitting GBX 248.00. The stock had a trading volume of 186,789 shares. Shawbrook Group PLC has a 12 month low of GBX 117.30 and a 12 month high of GBX 370.00. The stock’s 50 day moving average price is GBX 233.02 and its 200 day moving average price is GBX 240.29. The firm’s market cap is GBX 621.24 million.
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In related news, insider Ashton,Robin J acquired 6,356 shares of the firm’s stock in a transaction dated Monday, September 12th. The shares were purchased at an average price of GBX 236 ($3.08) per share, with a total value of £15,000.16 ($19,579.90).
About Shawbrook Group PLC
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