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

Arbuthnot Banking Group PLC (LON:ARBB) reached a new 52-week high on Tuesday . The stock traded as high as GBX 775 and last traded at GBX 900, with a volume of 10372 shares changing hands. The stock had previously closed at GBX 890.

Analyst Ratings Changes

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

Arbuthnot Banking Group Stock Down 2.2%

The company’s 50 day simple moving average is GBX 895.40 and its 200-day simple moving average is GBX 951.65. The firm has a market cap of £141.98 million, a P/E ratio of 8.68, a P/E/G ratio of 0.38 and a beta of 1.00.

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.