Kempen & Co Reiterates buy Rating for Shanks Group (SKS)
Shanks Group (LON:SKS)‘s stock had its “buy” rating restated by investment analysts at Kempen & Co in a note issued to investors on Monday, Stock Ratings News reports. They currently have a GBX 132 ($2.17) target price on the stock. Kempen & Co’s price objective points to a potential upside of 13.30% from the stock’s previous close.
Shanks Group (LON:SKS) traded down 3.00% on Monday, hitting GBX 113.00. The stock had a trading volume of 231,090 shares. Shanks Group has a 52-week low of GBX 72.50 and a 52-week high of GBX 121.00. The stock’s 50-day moving average is GBX 113.2 and its 200-day moving average is GBX 101.7. The company’s market cap is £449.2 million.
A number of other analysts have also recently weighed in on SKS. Analysts at Liberum Capital reiterated a “buy” rating on shares of Shanks Group in a research note to investors on Friday, January 10th. They now have a GBX 125 ($2.05) 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 ($1.81) price target on the stock. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of GBX 117.83 ($1.94).
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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