Shawbrook Group PLC (LON:SHAW) insider Steve Pateman sold 257,470 shares of the stock in a transaction on Monday, July 24th. The shares were sold at an average price of GBX 340 ($4.43), for a total value of £875,398 ($1,139,989.58).
Shares of Shawbrook Group PLC (LON SHAW) opened at 340.75 on Tuesday. The firm’s market capitalization is GBX 853.58 million. Shawbrook Group PLC has a one year low of GBX 180.49 and a one year high of GBX 348.20. The firm’s 50-day moving average price is GBX 339.86 and its 200-day moving average price is GBX 316.67.
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A number of analysts recently weighed in on the company. Investec decreased their price objective on Shawbrook Group PLC from GBX 345 ($4.49) to GBX 340 ($4.43) and set a “hold” rating for the company in a report on Tuesday, June 20th. Shore Capital restated a “hold” rating on shares of Shawbrook Group PLC in a report on Friday, June 16th. Liberum Capital restated an “under review” rating on shares of Shawbrook Group PLC in a report on Monday, June 5th. Peel Hunt increased their price objective on Shawbrook Group PLC from GBX 330 ($4.30) to GBX 340 ($4.43) and gave the company a “hold” rating in a report on Monday, June 5th. Finally, Numis Securities Ltd restated a “buy” rating and issued a GBX 386 ($5.03) price objective on shares of Shawbrook Group PLC in a report on Tuesday, May 2nd. Eight equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of GBX 313.60 ($4.08).
About Shawbrook Group PLC
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.
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