Arbuthnot Banking Group (LON:ARBB) Sets New 52-Week High – Still a Buy?

Arbuthnot Banking Group PLC (LON:ARBB)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 900 and last traded at GBX 820, with a volume of 24507 shares. The stock had previously closed at GBX 844.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Arbuthnot Banking Group in a research report on Wednesday, May 20th.

Arbuthnot Banking Group Stock Performance

The company’s 50-day moving average price is GBX 841.05 and its two-hundred day moving average price is GBX 867.89. The stock has a market cap of £133.82 million, a PE ratio of 7.52, a PEG ratio of 0.38 and a beta of 0.46.

Arbuthnot Banking Group (LON:ARBB) last announced its earnings results on Thursday, March 26th. The company reported GBX 109.10 earnings per share (EPS) for the quarter. Arbuthnot Banking Group had a net margin of 7.55% and a return on equity of 6.53%. Equities research analysts forecast that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share for the current fiscal year.

Arbuthnot Banking Group Company Profile

Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. It operates through nine segments: Banking, Wealth Management, Mortgage Portfolios, Renaissance Asset Finance, Arbuthnot Commercial Asset Based Lending, Arbuthnot Specialist Finance Limited, Asset Alliance Group, All Other Divisions, and Group Centre segments. The company offers private and commercial banking services, including current and deposit accounts, loans, overdrafts, guarantees, and foreign exchange; financial planning; investment and asset management; asset finance funding; property finance; asset based lending, deposits, and specialist finance; and other finance.