Arbuthnot Banking Group (LON:ARBB) Reaches New 12-Month Low – Should You Sell?

Arbuthnot Banking Group PLC (LON:ARBB)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 770 and last traded at GBX 800, with a volume of 25286 shares changing hands. The stock had previously closed at GBX 800.

Analysts Set New Price Targets

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Arbuthnot Banking Group in a research note on Tuesday, July 21st.

Arbuthnot Banking Group Price Performance

The firm’s 50 day moving average is GBX 821.68 and its 200-day moving average is GBX 844.47. The firm has a market cap of £130.56 million, a PE ratio of 6.87, a P/E/G ratio of 0.38 and a beta of 0.45.

Arbuthnot Banking Group (LON:ARBB) last released its earnings results on Tuesday, July 21st. The company reported GBX 49.90 EPS for the quarter. Arbuthnot Banking Group had a net margin of 6.41% and a return on equity of 6.84%. On average, analysts forecast that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share for the current 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.