Shawbrook Group’s (SHAW) Buy Rating Reaffirmed at Shore Capital Group

Shore Capital Group reissued their buy rating on shares of Shawbrook Group (LON:SHAW) in a report issued on Tuesday morning,London Stock Exchange reports.

Shawbrook Group Stock Performance

Shares of SHAW opened at GBX 341 on Tuesday. Shawbrook Group has a 12 month low of GBX 322.50 and a 12 month high of GBX 519. The stock’s fifty day moving average is GBX 429.37. The company has a market cap of £1.77 billion and a P/E ratio of 13.96.

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

About Shawbrook Group

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.