Shawbrook Group (LON:SHAW) Sets New 52-Week Low – What’s Next?

Shares of Shawbrook Group plc (LON:SHAW) reached a new 52-week low on Friday . The stock traded as low as GBX 298.50 and last traded at GBX 301, with a volume of 138098 shares changing hands. The stock had previously closed at GBX 311.50.

Analyst Ratings Changes

Separately, Shore Capital Group reiterated a “buy” rating and issued a GBX 475 price objective on shares of Shawbrook Group in a research note on Thursday, April 30th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of GBX 475.

Shawbrook Group Stock Down 4.2%

The business has a 50 day moving average price of GBX 350.51. The stock has a market capitalization of £1.55 billion and a PE ratio of 8.53.

Shawbrook Group (LON:SHAW) last released its quarterly earnings results on Thursday, March 12th. The company reported GBX 47 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.