Shawbrook Group (LON:SHAW) Reaches New 52-Week Low – Should You Sell?

Shawbrook Group plc (LON:SHAW)’s share price reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as GBX 286 and last traded at GBX 290, with a volume of 690643 shares traded. The stock had previously closed at GBX 298.50.

Analyst Upgrades and Downgrades

SHAW has been the subject of a number of research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 475 price target on shares of Shawbrook Group in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 610 price objective on shares of Shawbrook Group in a research report on Thursday, August 6th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Shawbrook Group presently has a consensus rating of “Buy” and a consensus target price of GBX 520.

Shawbrook Group Price Performance

The company’s 50-day simple moving average is GBX 320.08 and its 200-day simple moving average is GBX 328.56. The company has a market cap of £1.51 billion and a price-to-earnings ratio of 7.63.

Shawbrook Group (LON:SHAW) last posted its earnings results on Wednesday, August 5th. The company reported GBX 25.30 EPS for the quarter.

Shawbrook Group 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. The Business Finance segment includes propositions, such as the Regional Business Centers that provide finance solutions; Structured Finance proposition, which consists of lending to small and medium enterprise (SME) finance companies, and Specialist Sectors proposition, which consists of leasing and hire purchase finance solutions.