Cello Group plc Stock Rating Reaffirmed by Sanlam Securities (CLL)
Cello Group plc (LON:CLL)‘s stock had its “buy” rating restated by analysts at Sanlam Securities in a research report issued to clients and investors on Friday, AnalystRatingsNetwork reports. They currently have a GBX 105 ($1.76) price objective on the stock. Sanlam Securities’ price target indicates a potential upside of 18.78% from the stock’s previous close.
Cello Group plc (LON:CLL) opened at 88.40 on Friday. Cello Group plc has a 1-year low of GBX 46.50 and a 1-year high of GBX 95.00. The stock has a 50-day moving average of GBX 88.70 and a 200-day moving average of GBX 78.54.
The company also recently announced a dividend, which is scheduled for Friday, July 4th. Investors of record on Wednesday, June 4th will be paid a dividend of GBX 1.61 ($0.03) per share. This represents a dividend yield of 1.85%. The ex-dividend date is Wednesday, June 4th.
CLL has been the subject of a number of other recent research reports. Analysts at Nplus1 Brewin cut their price target on shares of Cello Group plc from GBX 123 ($2.07) to GBX 122 ($2.05) in a research note on Monday, March 31st. They now have a “buy” rating on the stock. Separately, analysts at N+1 Singer reiterated a “buy” rating on shares of Cello Group plc in a research note on Monday, March 31st. They now have a GBX 123 ($2.07) price target on the stock. Finally, analysts at N+1 Singer reiterated a “buy” rating on shares of Cello Group plc in a research note on Thursday, March 20th. They now have a GBX 123 ($2.07) price target on the stock.
Cello Group plc is a United Kingdom-based holding company. The Company, along with its subsidiaries is engaged in the market research, consulting and direct marketing services.
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