Shawbrook Group PLC (SHAW) Receives Average Recommendation of “Hold” from Brokerages
Shares of Shawbrook Group PLC (LON:SHAW) have received a consensus recommendation of “Hold” from the twelve brokerages that are presently covering the firm, Marketbeat Ratings reports. Eight analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 314.56 ($4.15).
A number of equities research analysts recently weighed in on the stock. Shore Capital lowered shares of Shawbrook Group PLC to a “hold” rating in a report on Tuesday, May 2nd. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 386 ($5.09) price target on shares of Shawbrook Group PLC in a report on Thursday, April 20th. Peel Hunt raised their price target on shares of Shawbrook Group PLC from GBX 330 ($4.35) to GBX 340 ($4.48) and gave the company a “hold” rating in a report on Monday, June 5th. Liberum Capital reaffirmed an “under review” rating on shares of Shawbrook Group PLC in a report on Tuesday, May 2nd. Finally, Investec reaffirmed a “sell” rating and set a GBX 325 ($4.29) price target on shares of Shawbrook Group PLC in a report on Friday, May 19th.
Shawbrook Group PLC (SHAW) traded up 0.22% during midday trading on Friday, hitting GBX 341.25. 36,913 shares of the stock traded hands. The company’s market cap is GBX 854.83 million. The company’s 50-day moving average is GBX 339.71 and its 200-day moving average is GBX 314.68. Shawbrook Group PLC has a one year low of GBX 162.86 and a one year high of GBX 348.20.
In other Shawbrook Group PLC news, insider Steve Pateman sold 257,470 shares of the stock in a transaction on Monday, July 24th. The shares were sold at an average price of GBX 340 ($4.48), for a total transaction of £875,398 ($1,154,726.29). Also, insider Dylan Minto sold 123,839 shares of the stock in a transaction on Friday, July 21st. The shares were sold at an average price of GBX 340 ($4.48), for a total transaction of £421,052.60 ($555,405.09). Insiders have sold a total of 771,313 shares of company stock worth $157,082,874 over the last quarter.
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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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