Arbuthnot Banking Group (ARBB) Stock Rating Reaffirmed by Numis Securities

Arbuthnot Banking Group (LON:ARBB)‘s stock had its “buy” rating reiterated by research analysts at Numis Securities in a note issued to investors on Wednesday. They currently have a GBX 1,772 ($23.15) price target on the stock. Numis Securities’ price target would suggest a potential upside of 29.82% from the company’s previous close.

LON ARBB opened at GBX 1,365 ($17.84) on Wednesday. Arbuthnot Banking Group has a 12 month low of GBX 1,225 ($16.01) and a 12 month high of GBX 1,600 ($20.91). The company has a market capitalization of $196.38 million and a P/E ratio of 4,090.91.

Arbuthnot Banking Group (LON:ARBB) last posted its quarterly earnings results on Tuesday, July 17th. The company reported GBX 21.70 ($0.28) EPS for the quarter. Arbuthnot Banking Group had a return on equity of 2.08% and a net margin of 8.52%.

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. The company offers a range of bank accounts, loans, and overdrafts, as well as foreign trade services. It also provides wealth structuring, tax mitigation, estate preservation, and retirement planning services.

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