Shawbrook Group’s (SHAW) “Outperform” Rating Reaffirmed at Royal Bank Of Canada

Shawbrook Group (LON:SHAW)‘s stock had its “outperform” rating reiterated by Royal Bank Of Canada in a research note issued to investors on Wednesday,London Stock Exchange reports. They presently have a GBX 475 target price on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 37.88% from the stock’s current price.

Other analysts also recently issued reports about the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 610 target price on shares of Shawbrook Group in a research note on Friday, May 15th. Shore Capital Group reissued a “buy” rating and set a GBX 475 target price on shares of Shawbrook Group in a research report on Thursday, April 30th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of GBX 520.

Shawbrook Group Stock Performance

Shares of LON SHAW opened at GBX 344.50 on Wednesday. The business’s 50 day moving average price is GBX 319.83 and its 200-day moving average price is GBX 384.33. Shawbrook Group has a fifty-two week low of GBX 277.50 and a fifty-two week high of GBX 519. The company has a market cap of £1.79 billion and a price-to-earnings ratio of 9.84.

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.