Shawbrook Group (LON:SHAW) Given Outperform Rating at Royal Bank Of Canada

Shawbrook Group (LON:SHAW)‘s stock had its “outperform” rating reiterated by analysts at Royal Bank Of Canada in a research note issued on Friday,London Stock Exchange reports. They currently have a GBX 475 price target on the stock. Royal Bank Of Canada’s price target suggests a potential upside of 42.00% from the stock’s current price.

Other equities analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 610 price target on shares of Shawbrook Group in a research note on Thursday. Shore Capital Group reiterated a “buy” rating and set a GBX 475 target price on shares of Shawbrook Group in a report on Thursday, April 30th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of GBX 520.

Shawbrook Group Stock Up 0.5%

SHAW stock opened at GBX 334.50 on Friday. Shawbrook Group has a twelve month low of GBX 277.50 and a twelve month high of GBX 519. The firm has a market cap of £1.74 billion and a price-to-earnings ratio of 9.56. The business’s fifty day simple moving average is GBX 332.05 and its two-hundred day simple moving average is GBX 364.48.

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

About Shawbrook Group

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.