Arbuthnot Banking Group (LON:ARBB) Hits New 1-Year High – What’s Next?

Shares of Arbuthnot Banking Group PLC (LON:ARBB) reached a new 52-week high on Monday . The company traded as high as GBX 775 and last traded at GBX 850, with a volume of 553 shares traded. The stock had previously closed at GBX 860.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group restated a “house stock” rating on shares of Arbuthnot Banking Group in a research note on Wednesday.

Arbuthnot Banking Group Trading Up 1.2%

The company has a market cap of £137.09 million, a PE ratio of 7.70, a P/E/G ratio of 0.38 and a beta of 0.45. The firm has a 50 day moving average of GBX 866.94 and a two-hundred day moving average of GBX 880.37.

Arbuthnot Banking Group (LON:ARBB) last posted its quarterly earnings results on Thursday, March 26th. The company reported GBX 109.10 earnings per share for the quarter. Arbuthnot Banking Group had a return on equity of 6.53% and a net margin of 7.55%. On average, research analysts forecast that Arbuthnot Banking Group PLC will post 169.2518248 EPS for the current year.

Arbuthnot Banking Group Company Profile

Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. It operates through nine segments: Banking, Wealth Management, Mortgage Portfolios, Renaissance Asset Finance, Arbuthnot Commercial Asset Based Lending, Arbuthnot Specialist Finance Limited, Asset Alliance Group, All Other Divisions, and Group Centre segments. The company offers private and commercial banking services, including current and deposit accounts, loans, overdrafts, guarantees, and foreign exchange; financial planning; investment and asset management; asset finance funding; property finance; asset based lending, deposits, and specialist finance; and other finance.