Shawbrook Group (LON:SHAW) Earns "Buy" Rating from Shore Capital Group

Key Points

• Shore Capital Group reiterated a "Buy" rating on Shawbrook Group in a research note distributed to clients on Tuesday.
• Shares traded down about 1.3% to GBX 341.50 on midday trading with low volume (31,786 vs. average 1,191,933); the stock has a market cap of £1.77 billion, a PE ratio of 13.98, and a 12‑month range of GBX 322.50–519.
• Shawbrook, a lending and savings bank operating Property Finance, Business Finance and Consumer Lending segments, last reported quarterly earnings of GBX 47 EPS on March 12.

Shawbrook Group (LON:SHAW - Get Free Report)'s stock had its "buy" rating reiterated by stock analysts at Shore Capital Group in a research report issued to clients and investors on Tuesday,London Stock Exchange reports.

Shawbrook Group Trading Down 1.3%

Shares of Shawbrook Group stock traded down GBX 4.50 during midday trading on Tuesday, hitting GBX 341.50. The company had a trading volume of 31,786 shares, compared to its average volume of 1,191,933. The stock has a market capitalization of £1.77 billion and a PE ratio of 13.98. Shawbrook Group has a 12-month low of GBX 322.50 and a 12-month high of GBX 519. The business has a fifty day moving average price of GBX 431.40.

Shawbrook Group (LON:SHAW - Get Free Report) last posted its earnings results on Thursday, March 12th. The company reported GBX 47 EPS for the quarter.

Shawbrook Group Company Profile

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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