Shawbrook Group (LON:SHAW) Reaches New 12-Month Low – Here’s Why

Shawbrook Group plc (LON:SHAW)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 289.50 and last traded at GBX 307.14, with a volume of 27149676 shares traded. The stock had previously closed at GBX 293.50.

Wall Street Analyst Weigh In

SHAW has been the topic of a number of recent analyst reports. Shore Capital Group reaffirmed a “buy” rating and set a GBX 475 target price on shares of Shawbrook Group in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 610 target price on shares of Shawbrook Group in a research report on Friday, May 15th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 542.50.

Shawbrook Group Trading Down 0.2%

The stock has a market capitalization of £1.64 billion and a price-to-earnings ratio of 9.00. The stock has a 50-day simple moving average of GBX 343.23 and a 200 day simple moving average of GBX 404.76.

Shawbrook Group (LON:SHAW) last announced its quarterly earnings data 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.