Royal Bank Of Canada Reaffirms “Outperform” Rating for Shawbrook Group (LON:SHAW)

Shawbrook Group (LON:SHAWGet Free Report)‘s stock had its “outperform” rating reiterated by equities researchers at Royal Bank Of Canada in a report issued on Wednesday,London Stock Exchange reports. They presently have a GBX 475 target price on the stock. Royal Bank Of Canada’s target price points to a potential upside of 37.88% from the company’s previous close.

A number of other research analysts have also weighed in on SHAW. Shore Capital Group reaffirmed a “buy” rating and issued a GBX 475 price target on shares of Shawbrook Group in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 610 price objective on shares of Shawbrook Group in a research note on Friday, May 15th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of GBX 520.

View Our Latest Research Report on Shawbrook Group

Shawbrook Group Stock Up 1.6%

SHAW opened at GBX 344.50 on Wednesday. The firm’s fifty day simple moving average is GBX 319.83 and its two-hundred day simple moving average is GBX 384.33. Shawbrook Group has a 52-week low of GBX 277.50 and a 52-week high of GBX 519. The company has a market cap of £1.79 billion and a price-to-earnings ratio of 9.84.

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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