Peel Hunt Reiterates Hold Rating for Shawbrook Group PLC (SHAW)
Shawbrook Group PLC (LON:SHAW)‘s stock had its “hold” rating reiterated by equities research analysts at Peel Hunt in a research note issued on Thursday. They currently have a GBX 330 ($4.29) price target on the stock. Peel Hunt’s target price indicates a potential downside of 3.51% from the company’s previous close.
A number of other equities analysts have also recently commented on the stock. Shore Capital reissued a “hold” rating on shares of Shawbrook Group PLC in a research note on Friday, May 19th. Liberum Capital reaffirmed an “under review” rating on shares of Shawbrook Group PLC in a research note on Tuesday, May 2nd. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 250 ($3.25) price objective on shares of Shawbrook Group PLC in a research note on Monday, March 6th. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 386 ($5.02) price objective on shares of Shawbrook Group PLC in a research note on Monday, April 3rd. Finally, Citigroup Inc cut shares of Shawbrook Group PLC to a “neutral” rating in a research report on Monday, March 20th. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company’s stock. Shawbrook Group PLC has an average rating of “Hold” and an average target price of GBX 309.64 ($4.03).
Shawbrook Group PLC (LON:SHAW) traded up 0.06% during trading on Thursday, hitting GBX 342.20. The stock had a trading volume of 94,308 shares. The company’s market capitalization is GBX 857.21 million. The stock has a 50 day moving average price of GBX 340.10 and a 200 day moving average price of GBX 285.82. Shawbrook Group PLC has a 12-month low of GBX 117.30 and a 12-month high of GBX 345.00.
The firm also recently declared a dividend, which will be paid on Friday, June 30th. Investors of record on Thursday, June 1st will be paid a GBX 2.70 ($0.04) dividend. The ex-dividend date is Thursday, June 1st. This represents a dividend yield of 0.86%.
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About Shawbrook Group PLC
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.
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