Shawbrook Group PLC (SHAW) Given Average Rating of “Buy” by Brokerages
Shares of Shawbrook Group PLC (LON:SHAW) have been given a consensus recommendation of “Buy” by the ten research firms that are covering the company. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is GBX 327.75 ($4.06).
Several equities analysts have recently weighed in on SHAW shares. Peel Hunt reissued a “buy” rating and set a GBX 385 ($4.76) target price on shares of Shawbrook Group PLC in a research report on Wednesday, June 22nd. Shore Capital downgraded Shawbrook Group PLC to a “hold” rating in a research report on Tuesday, June 28th. Numis Securities Ltd reissued a “buy” rating and set a GBX 380 ($4.70) target price on shares of Shawbrook Group PLC in a research report on Tuesday, June 28th. Barclays PLC reissued an “overweight” rating and set a GBX 340 ($4.21) target price on shares of Shawbrook Group PLC in a research report on Wednesday, June 29th. Finally, Citigroup Inc. restated a “buy” rating on shares of Shawbrook Group PLC in a report on Tuesday, July 26th.
Shares of Shawbrook Group PLC (LON:SHAW) traded down 2.93% during trading on Monday, hitting GBX 231.60. The stock had a trading volume of 206,250 shares. The stock has a 50-day moving average price of GBX 239.35 and a 200 day moving average price of GBX 238.79. Shawbrook Group PLC has a 12 month low of GBX 117.30 and a 12 month high of GBX 370.00. The company’s market cap is GBX 580.16 million.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/17/shawbrook-group-plc-shaw-given-average-rating-of-buy-by-brokerages.html
In other news, insider Ashton,Robin J bought 6,356 shares of the stock in a transaction on Monday, September 12th. The stock was acquired at an average cost of GBX 236 ($2.92) per share, for a total transaction of £15,000.16 ($18,564.55).
Shawbrook Group PLC Company Profile
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 MarketBeat.com's FREE daily email newsletter.