Shawbrook Group PLC (LON:SHAW) had its target price raised by research analysts at Credit Suisse Group AG from GBX 270 ($3.39) to GBX 300 ($3.77) in a report released on Friday. The brokerage presently has a “neutral” rating on the stock. Credit Suisse Group AG’s target price suggests a potential downside of 4.73% from the stock’s previous close.
Several other analysts also recently issued reports on SHAW. Goldman Sachs Group Inc reiterated a “neutral” rating and issued a GBX 285 ($3.58) price target on shares of Shawbrook Group PLC in a report on Friday, November 25th. Peel Hunt reiterated a “hold” rating and issued a GBX 240 ($3.02) price target on shares of Shawbrook Group PLC in a report on Monday, December 5th. Royal Bank of Canada upgraded Shawbrook Group PLC to a “sector performer” rating and increased their price target for the company from GBX 210 ($2.64) to GBX 280 ($3.52) in a report on Wednesday, December 21st. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 367 ($4.61) price target on shares of Shawbrook Group PLC in a report on Tuesday, January 10th. Finally, Barclays PLC increased their price target on Shawbrook Group PLC from GBX 220 ($2.76) to GBX 250 ($3.14) and gave the company an “equal weight” rating in a report on Wednesday, February 1st. Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Shawbrook Group PLC has an average rating of “Buy” and a consensus target price of GBX 306.20 ($3.85).
Shares of Shawbrook Group PLC (LON:SHAW) opened at 314.90 on Friday. The stock’s market capitalization is GBX 788.82 million. Shawbrook Group PLC has a 12-month low of GBX 117.30 and a 12-month high of GBX 323.00. The stock has a 50 day moving average price of GBX 283.49 and a 200 day moving average price of GBX 257.51.
The firm also recently announced a dividend, which will be paid on Friday, June 30th. Stockholders of record on Thursday, June 1st will be paid a dividend of GBX 2.70 ($0.03) per share. The ex-dividend date of this dividend is Thursday, June 1st. This represents a dividend yield of 0.86%.
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In other news, insider Steve Pateman sold 70,527 shares of the firm’s stock in a transaction dated Monday, February 20th. The stock was sold at an average price of GBX 269 ($3.38), for a total transaction of £189,717.63 ($238,428.59).
Shawbrook Group PLC Company Profile
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