Shawbrook Group (LON:SHAW) Hits New 12-Month Low – What’s Next?

Shawbrook Group plc (LON:SHAWGet Free Report)’s share price reached a new 52-week low on Thursday . The company traded as low as GBX 289.50 and last traded at GBX 307.14, with a volume of 27149676 shares trading hands. The stock had previously closed at GBX 293.50.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on SHAW. Shore Capital Group reaffirmed a “buy” rating and issued a GBX 475 target price on shares of Shawbrook Group in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 610 target price on shares of Shawbrook Group in a research report on Friday, May 15th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of GBX 542.50.

Get Our Latest Research Report on SHAW

Shawbrook Group Stock Performance

The business’s 50-day moving average price is GBX 339.67 and its 200 day moving average price is GBX 403.58. The company has a market cap of £1.62 billion and a P/E ratio of 8.89.

Shawbrook Group (LON:SHAWGet Free Report) last announced its quarterly earnings data on Thursday, March 12th. The company reported GBX 47 EPS for the quarter.

Shawbrook Group Company Profile

(Get Free Report)

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.

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