Peel Hunt Reaffirms “Hold” Rating for Shawbrook Group PLC (SHAW)

Shawbrook Group PLC (LON:SHAW)‘s stock had its “hold” rating restated by Peel Hunt in a research note issued to investors on Thursday, May 25th. They presently have a GBX 330 ($4.17) price objective on the stock. Peel Hunt’s target price points to a potential downside of 2.63% from the company’s current price.

A number of other equities analysts have also recently commented on SHAW. Barclays PLC increased their target price on Shawbrook Group PLC from GBX 220 ($2.78) to GBX 250 ($3.16) and gave the company an “equal weight” rating in a report on Wednesday, February 1st. Panmure Gordon started coverage on Shawbrook Group PLC in a report on Thursday, February 16th. They set a “buy” rating and a GBX 355 ($4.49) target price for the company. Credit Suisse Group increased their price target on Shawbrook Group PLC from GBX 255 ($3.23) to GBX 270 ($3.42) and gave the company an “outperform” rating in a report on Thursday, February 16th. Investec reaffirmed a “buy” rating on shares of Shawbrook Group PLC in a report on Tuesday, February 21st. Finally, Liberum Capital reaffirmed a “buy” rating and issued a GBX 290 ($3.67) price target on shares of Shawbrook Group PLC in a report on Monday, March 6th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 310.55 ($3.93).

Analyst Recommendations for Shawbrook Group PLC (LON:SHAW)

Shares of Shawbrook Group PLC (LON:SHAW) traded down 0.32% on Thursday, hitting GBX 338.90. The stock had a trading volume of 838,644 shares. The firm has a 50-day moving average price of GBX 340.51 and a 200-day moving average price of GBX 295.90. Shawbrook Group PLC has a 52 week low of GBX 117.30 and a 52 week high of GBX 348.20. The stock’s market capitalization is GBX 848.94 million.

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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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