Arbuthnot Banking Group (LON:ARBB) Reaches New 52-Week High – Time to Buy?

Shares of Arbuthnot Banking Group PLC (LON:ARBBGet Free Report) hit a new 52-week high during trading on Monday . The company traded as high as GBX 775 and last traded at GBX 905, with a volume of 9716 shares trading hands. The stock had previously closed at GBX 917.60.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of Arbuthnot Banking Group in a research note on Thursday, October 23rd.

Check Out Our Latest Analysis on ARBB

Arbuthnot Banking Group Price Performance

The company has a market capitalization of £147.70 million, a P/E ratio of 9.03, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00. The company’s 50-day moving average price is GBX 967.34 and its two-hundred day moving average price is GBX 962.70.

About Arbuthnot Banking Group

(Get Free Report)

Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. It operates through nine segments: Banking, Wealth Management, Mortgage Portfolios, Renaissance Asset Finance, Arbuthnot Commercial Asset Based Lending, Arbuthnot Specialist Finance Limited, Asset Alliance Group, All Other Divisions, and Group Centre segments.

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