Arbuthnot Banking Group (LON:ARBB) Receives House Stock Rating from Shore Capital

Shore Capital reaffirmed their house stock rating on shares of Arbuthnot Banking Group (LON:ARBB) in a research note issued to investors on Thursday, MarketBeat.com reports.

Arbuthnot Banking Group Trading Up 1.4 %

LON ARBB opened at GBX 915 ($11.59) on Thursday. Arbuthnot Banking Group has a 52 week low of GBX 830 ($10.52) and a 52 week high of GBX 1,139.30 ($14.44). The stock has a market cap of £148.10 million, a price-to-earnings ratio of 4.84, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00. The company has a 50-day moving average price of GBX 899.86 and a two-hundred day moving average price of GBX 917.20.

Insider Activity

In other Arbuthnot Banking Group news, insider Henry Angest bought 116,000 shares of Arbuthnot Banking Group stock in a transaction that occurred on Monday, November 25th. The stock was purchased at an average cost of GBX 900 ($11.40) per share, for a total transaction of £1,044,000 ($1,322,858.59). Insiders own 64.32% of the company’s stock.

About Arbuthnot Banking Group

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.