Shawbrook Group (LON:SHAW) Stock Price Up 2.5% – Time to Buy?

Shawbrook Group plc (LON:SHAW) rose 2.5% on Friday . The company traded as high as GBX 377 and last traded at GBX 375. Approximately 7,768,049 shares changed hands during trading, an increase of 589% from the average daily volume of 1,127,940 shares. The stock had previously closed at GBX 366.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reiterated a “buy” rating on shares of Shawbrook Group in a report on Tuesday, March 24th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Shawbrook Group Price Performance

The stock’s fifty day moving average price is GBX 386.46. The stock has a market cap of £1.95 billion and a P/E ratio of 10.71.

Shawbrook Group (LON:SHAW) last announced its earnings results on Thursday, March 12th. The company reported GBX 47 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.