Shawbrook Group (LON:SHAW) Receives Buy Rating from Deutsche Bank Aktiengesellschaft

Shawbrook Group (LON:SHAW)‘s stock had its “buy” rating restated by equities research analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Thursday,London Stock Exchange reports. They currently have a GBX 610 price target on the stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 84.29% from the company’s current price.

Other analysts have also issued research reports about the stock. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 475 price target on shares of Shawbrook Group in a research report on Wednesday, July 8th. Shore Capital Group restated a “buy” rating and issued a GBX 475 price objective on shares of Shawbrook Group in a research report on Thursday, April 30th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of GBX 520.

Shawbrook Group Stock Performance

SHAW opened at GBX 331 on Thursday. The firm has a market cap of £1.72 billion and a P/E ratio of 9.46. The firm has a 50-day moving average of GBX 331.71 and a 200 day moving average of GBX 365.23. Shawbrook Group has a fifty-two week low of GBX 277.50 and a fifty-two week high of GBX 519.

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