Liberum Capital Reiterates Buy Rating for Shanks Group (SKS)
Shanks Group (LON:SKS)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a research report issued on Friday, Stock Ratings Network.com reports. They currently have a GBX 125 ($2.05) price objective on the stock. Liberum Capital’s price objective would suggest a potential upside of 6.61% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Kempen & Co reiterated a “buy” rating on shares of Shanks Group in a research note to investors on Monday, January 6th. They now have a GBX 132 ($2.16) price target on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Shanks Group in a research note to investors on Tuesday, December 10th. They now have a GBX 110 ($1.80) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Shanks Group in a research note to investors on Thursday, November 7th. They now have a GBX 120 ($1.97) price target on the stock. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of GBX 117.83 ($1.93).
Shares of Shanks Group (LON:SKS) opened at 117.25 on Friday. Shanks Group has a 1-year low of GBX 72.50 and a 1-year high of GBX 117.25. The stock has a 50-day moving average of GBX 108.8 and a 200-day moving average of GBX 97.41. The company’s market cap is £466.1 million.
Shanks Group plc is an international sustainable waste management company. Its segments include Solid Waste, Hazardous Waste, Organics and UK Municipal.
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