Arbuthnot Banking Group (LON:ARBB) Reaches New 1-Year High – Still a Buy?

Arbuthnot Banking Group PLC (LON:ARBB)’s share price reached a new 52-week high during trading on Monday . The company traded as high as GBX 775 and last traded at GBX 900, with a volume of 8816 shares. The stock had previously closed at GBX 898.50.

Wall Street Analyst Weigh In

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

Arbuthnot Banking Group Stock Up 0.2%

The business’s fifty day moving average is GBX 909.26 and its two-hundred day moving average is GBX 960.09. The firm has a market cap of £146.88 million, a price-to-earnings ratio of 8.98, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00.

About Arbuthnot Banking Group

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.