Arbuthnot Banking Group (LON:ARBB) Hits New 12-Month High – What’s Next?

Arbuthnot Banking Group PLC (LON:ARBB) shares reached a new 52-week high during trading on Monday . The company traded as high as GBX 850 and last traded at GBX 805, with a volume of 22423 shares. The stock had previously closed at GBX 835.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Arbuthnot Banking Group in a report on Wednesday, May 20th.

Arbuthnot Banking Group Stock Down 1.8%

The firm has a market cap of £132.19 million, a PE ratio of 7.42, a P/E/G ratio of 0.38 and a beta of 0.46. The firm’s 50 day moving average is GBX 846.52 and its 200-day moving average is GBX 870.33.

Arbuthnot Banking Group (LON:ARBB) last released its earnings results on Thursday, March 26th. The company reported GBX 109.10 earnings per share for the quarter. Arbuthnot Banking Group had a return on equity of 6.53% and a net margin of 7.55%. On average, analysts forecast that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share for the current year.

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. The company offers private and commercial banking services, including current and deposit accounts, loans, overdrafts, guarantees, and foreign exchange; financial planning; investment and asset management; asset finance funding; property finance; asset based lending, deposits, and specialist finance; and other finance.