Arbuthnot Banking Group (LON:ARBB) Hits New 12-Month High - Here's What Happened

Key Points

• Arbuthnot Banking Group PLC reached a new **52-week high** of GBX 1,070 ($14.43) during trading, showing strong performance and investor interest.
• Wall Street analysts, specifically **Shore Capital**, reaffirmed a "house stock" rating for Arbuthnot, indicating confidence in its future growth potential.
• The company reported an earnings per share (EPS) of **GBX 42.50** for the last quarter, with expectations to post **169.25 EPS** for the current year.

Arbuthnot Banking Group PLC (LON:ARBB - Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 775 ($10.51) and last traded at GBX 1,070 ($14.51), with a volume of 1579 shares trading hands. The stock had previously closed at GBX 1,070 ($14.51).

Analyst Ratings Changes

Separately, Shore Capital reissued a "house stock" rating on shares of Arbuthnot Banking Group in a report on Tuesday, July 22nd.

Arbuthnot Banking Group Price Performance

The stock has a fifty day moving average price of GBX 1,015.87 and a two-hundred day moving average price of GBX 954.83. The company has a market capitalization of £169.73 million, a price-to-earnings ratio of 1,037.92, a PEG ratio of 0.38 and a beta of 1.00.

Arbuthnot Banking Group (LON:ARBB - Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The company reported GBX 42.50 earnings per share (EPS) for the quarter. Arbuthnot Banking Group had a return on equity of 12.11% and a net margin of 12.76%. As a group, research analysts forecast that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share for the current fiscal year.

Arbuthnot Banking Group Company Profile

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.