Shawbrook Group PLC (SHAW) Stock Rating Reaffirmed by Goldman Sachs Group Inc.
Shawbrook Group PLC (LON:SHAW)‘s stock had its “neutral” rating reaffirmed by investment analysts at Goldman Sachs Group Inc. in a research note issued on Friday. They presently have a GBX 285 ($3.54) price objective on the stock. Goldman Sachs Group Inc.’s price objective would suggest a potential upside of 14.73% from the company’s current price.
A number of other research analysts have also recently commented on the company. Barclays PLC restated an “equal weight” rating on shares of Shawbrook Group PLC in a research report on Tuesday, August 16th. Numis Securities Ltd restated a “buy” rating and issued a GBX 324 ($4.02) price target on shares of Shawbrook Group PLC in a research report on Thursday, November 3rd. Credit Suisse Group AG cut Shawbrook Group PLC to a “neutral” rating and raised their price target for the stock from GBX 235 ($2.92) to GBX 255 ($3.16) in a research report on Tuesday, October 25th. Peel Hunt restated a “hold” rating on shares of Shawbrook Group PLC in a research report on Thursday, November 3rd. Finally, Investec restated a “buy” rating on shares of Shawbrook Group PLC in a research report on Monday, September 12th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Shawbrook Group PLC has an average rating of “Buy” and an average price target of GBX 331.56 ($4.11).
Shares of Shawbrook Group PLC (LON:SHAW) opened at 245.20 on Friday. The company’s market capitalization is GBX 614.23 million. Shawbrook Group PLC has a 52 week low of GBX 117.30 and a 52 week high of GBX 363.80. The stock has a 50 day moving average price of GBX 241.66 and a 200-day moving average price of GBX 228.28.
In related news, insider Dylan Minto acquired 5,000 shares of the business’s stock in a transaction that occurred on Thursday, November 3rd. The shares were bought at an average cost of GBX 238 ($2.95) per share, with a total value of £11,900 ($14,762.44). Also, insider Ashton,Robin J acquired 6,356 shares of the business’s stock in a transaction that occurred on Monday, September 12th. The stock was bought at an average cost of GBX 236 ($2.93) per share, for a total transaction of £15,000.16 ($18,608.31).
About Shawbrook Group PLC
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