Arbuthnot Banking Group (LON:ARBB) Sets New 1-Year High – Should You Buy?

Shares of Arbuthnot Banking Group PLC (LON:ARBB) hit a new 52-week high on Monday . The stock traded as high as GBX 775 and last traded at GBX 875.50, with a volume of 1113 shares changing hands. The stock had previously closed at GBX 875.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Arbuthnot Banking Group in a research note on Thursday, October 23rd.

Arbuthnot Banking Group Price Performance

The company has a market capitalization of £142.88 million, a P/E ratio of 8.74, a PEG ratio of 0.38 and a beta of 1.00. The company has a 50 day moving average of GBX 897.36 and a 200-day moving average of GBX 955.15.

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.