Shawbrook Group Plc (LON:SHAW) Rating Reaffirmed
In a recent research report disseminated this morning, Barclays Capital reiterated their “Overweight” rating on Shawbrook Group Plc (LON:SHAW) shares. The PT would now indicate a possible upside of 16.24% from firm’s closing share price.
From a total of 8 analysts covering Shawbrook Group Plc (LON:SHAW) stock, 5 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 71% of the ratings are positive. The highest target price is GBX 430 while the lowest target price is GBX 356. The mean of all analyst targets is GBX 390.13 with a 15.62% above today’s (GBX 322.62) stock price. Shawbrook Group Plc was the topic of 14 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Investec maintained shares on November 26 with “Buy” rating. Investec maintained shares with “Buy” rating and GBX 375 target share price in a report from a November 12. Shore Capital maintained SHAW stock in a recent report from November 5 with “Buy” rating. Finally, Goldman Sachs maintained the stock with “Neutral” rating in a report issued on a July 23.
The stock decreased 0.73% or GBX 2.38 on December 14, striking GBX 322.62. Approximately shares of stock traded hands. Shawbrook Group PLC (LON:SHAW) has 0.00% since May 18, 2015 and is . It has outperformed by 3.68% the S&P500.
Shawbrook Group plc is a lending and savings bank. The company has a market cap of 812.50 million GBP. The Firm provides loans to the United Kingdom’s small and medium-sized enterprises and consumers. It currently has negative earnings. Shawbrook’s Commercial Mortgages division provides mortgages for residential investors, short-term loans for property professionals and commercial property loans for seasoned investors and owner-occupiers.