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Arbuthnot Banking Group PLC (LON:ARBB) target price raised to 1,835.00GBX, reported today by Numis

Arbuthnot Banking Group PLC (LON:ARBB) had its target price raised to 1,835GBX by Numis in an issued report announced 8/3/2016. The increased target price indicates a potential upside of 0.22% from the company’s most recent closing price.

Previously on Tuesday July 19 2016, numis released a statement on Arbuthnot Banking Group PLC(LON:ARBB) upped the target price from 0.00GBX to 1,631.00GBX. At the time, this suggested an upside of 0.10%.

Yesterday Arbuthnot Banking Group PLC (LON:ARBB) traded 0.28% lower at 1,505.00GBX. The company’s 50-day average is 1,597.71GBX and its two hundred day average is 1,480.56GBX. With the last stock price up 4.66% relative to the two hundred day moving average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same period. Trade volume was was down over the average, with 1,550 shares of ARBB changing hands under the typical 3,875 shares..

Performance Chart:

Arbuthnot Banking Group PLC (LON:ARBB)

Arbuthnot Banking Group PLC has a PE of 1 with a 52 week low of 1,251.29GBX and a one-year high of 1,685.00GBX. ARBB’s market capitalization is presently 0.0 GBX.

In addition to Numis reporting it’s target price, a total of 1 broker has released a research note on Arbuthnot Banking Group PLC. The average target is 1,631.00GBX with 0 rating the stock a strong buy, one analyst rating the company a buy, 0 analysts rating the stock a hold, 0 rating the stock to underperform, and finally 0 brokeragesrating the company as sell.

General Company Details For Arbuthnot Banking Group PLC (LON:ARBB)

Arbuthnot Banking Group PLC is a United Kingdom-based company involved in banking and financial services. The Company operates through three segments: UK Private Banking (Arbuthnot Latham & Co., Limited), Retail Banking and Group Centre. The Retail banking segment incorporates household cash management, personal lending and banking and insurance services. The UK Private banking segment incorporates private banking and wealth management. The Group Centre segment includes Arbuthnot Banking Group (ABG) Group Center management. Private Banking comprises current accounts, deposit accounts, loans, and overdrafts and foreign exchange. Its discretionary investment management service comprises asset management and developing tailored investment strategies.

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