Shawbrook Group PLC (SHAW) Receives Average Rating of “Hold” from Brokerages
Shawbrook Group PLC (LON:SHAW) has been given a consensus recommendation of “Hold” by the eleven ratings firms that are presently covering the stock, MarketBeat reports. Eight analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 317 ($4.10).
Several brokerages recently issued reports on SHAW. Shore Capital lowered Shawbrook Group PLC to a “hold” rating in a research note on Tuesday, May 2nd. Peel Hunt boosted their price target on Shawbrook Group PLC from GBX 330 ($4.27) to GBX 340 ($4.40) and gave the company a “hold” rating in a research note on Monday, June 5th. Liberum Capital restated an “under review” rating on shares of Shawbrook Group PLC in a research note on Tuesday, May 2nd. Numis Securities Ltd restated a “buy” rating and set a GBX 386 ($4.99) price target on shares of Shawbrook Group PLC in a research note on Tuesday, May 2nd. Finally, Investec restated a “sell” rating and set a GBX 325 ($4.20) price target on shares of Shawbrook Group PLC in a research note on Friday, May 19th.
Shares of Shawbrook Group PLC (LON SHAW) traded up 0.15% during trading on Tuesday, hitting GBX 339.50. The stock had a trading volume of 60,748 shares. Shawbrook Group PLC has a one year low of GBX 188.60 and a one year high of GBX 348.25. The stock’s 50-day moving average price is GBX 339.89 and its 200-day moving average price is GBX 324.85. The company’s market cap is GBX 850.45 million.
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In other news, insider Angela Wakelin sold 77,946 shares of the company’s stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of GBX 340 ($4.40), for a total value of £265,016.40 ($342,752.72). Also, insider Dylan Minto sold 312,058 shares of the company’s stock in a transaction that occurred on Friday, July 7th. The shares were sold at an average price of GBX 3 ($0.04), for a total value of £9,361.74 ($12,107.79). Over the last quarter, insiders sold 771,313 shares of company stock worth $157,082,874.
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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