Shawbrook Group’s (SHAW) Outperform Rating Reiterated at Royal Bank Of Canada

Shawbrook Group (LON:SHAW)‘s stock had its “outperform” rating reaffirmed by analysts at Royal Bank Of Canada in a note issued to investors on Friday,London Stock Exchange reports. They presently have a GBX 475 price target on the stock. Royal Bank Of Canada’s price target would indicate a potential upside of 42.00% from the company’s previous close.

A number of other analysts have also recently commented on SHAW. Shore Capital Group reiterated a “buy” rating and issued a GBX 475 target price on shares of Shawbrook Group in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 610 price target on shares of Shawbrook Group in a report on Thursday. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of GBX 520.

Shawbrook Group Stock Performance

SHAW stock opened at GBX 334.50 on Friday. The firm has a market cap of £1.74 billion and a price-to-earnings ratio of 9.56. The firm has a 50-day simple moving average of GBX 332.05 and a two-hundred day simple moving average of GBX 364.48. Shawbrook Group has a one year low of GBX 277.50 and a one year high of GBX 519.

Shawbrook Group (LON:SHAW) last issued its quarterly earnings data on Wednesday, August 5th. The company reported GBX 25.30 earnings per share (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.