Investec Lowers Shawbrook Group PLC (SHAW) Price Target to GBX 340
Shawbrook Group PLC (LON:SHAW) had its target price decreased by stock analysts at Investec from GBX 345 ($4.40) to GBX 340 ($4.33) in a research report issued to clients and investors on Tuesday. The brokerage presently has a “hold” rating on the stock. Investec’s target price suggests a potential upside of 0.15% from the company’s previous close.
A number of other research analysts also recently issued reports on the stock. Liberum Capital restated an “under review” rating on shares of Shawbrook Group PLC in a research report on Monday, June 5th. Shore Capital restated a “hold” rating on shares of Shawbrook Group PLC in a research report on Friday, May 19th. Finally, Peel Hunt restated a “hold” rating and issued a GBX 330 ($4.20) price target on shares of Shawbrook Group PLC in a research report on Thursday, May 25th. Eight research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of GBX 311.91 ($3.97).
Shares of Shawbrook Group PLC (LON SHAW) traded down 0.12% during trading on Tuesday, reaching GBX 339.10. 853,240 shares of the company traded hands. The firm’s market capitalization is GBX 849.45 million. The company has a 50 day moving average price of GBX 340.42 and a 200 day moving average price of GBX 297.22. Shawbrook Group PLC has a 12-month low of GBX 117.30 and a 12-month high of GBX 348.20.
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Shawbrook Group PLC Company Profile
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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