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

Shawbrook Group (LON:SHAW)‘s stock had its “buy” rating reissued by investment analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Friday,London Stock Exchange reports. They presently have a GBX 610 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 101.65% from the stock’s previous close.

Separately, Shore Capital Group reissued a “buy” rating and set a GBX 475 price target on shares of Shawbrook Group in a research report on Thursday, April 30th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 542.50.

Shawbrook Group Stock Down 2.9%

SHAW stock traded down GBX 9 during trading hours on Friday, reaching GBX 302.50. The stock had a trading volume of 206,941 shares, compared to its average volume of 1,286,420. The company’s 50-day moving average is GBX 350.51. Shawbrook Group has a fifty-two week low of GBX 298 and a fifty-two week high of GBX 519. The company has a market capitalization of £1.57 billion and a PE ratio of 8.64.

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